Posts Tagged: april

News

California’s jobless rate up to 4.1% amid mixed economic signals

A worker makes repairs to an electric rotor turbine unit at a geothermal plant. (Photo: VG Photo, via Shutterstock)

One month does not equal a trend, but can be a cause for concern. For instance, employers in California added 19,900 nonfarm payroll jobs in August after registering 84,800 new hires in July. Meanwhile, the Golden State’s unemployment rate rose to 4.1% in August from July’s 3.9%, according to the state Employment Development Department.

News

Accord reached to extend eviction moratorium to Sept. 30

Gov. Gavin Newsom discussing eviction moratorium proposals at a June 15 briefing in Universal City, <(Photo: Associated Press)

Gov, Gavin Newsom and legislative leaders agreed Friday to extend California’s eviction moratorium to Sept. 30 and fully cover the cost of low-income renters’ missed payments. The agreement comes after weeks of uncertainty about the future of the moratorium, which would have ended on June 30 without an extension.

News

California’s pandemic pain increases sharply

Photo illustration of the coronavirus in California. (Photo: Maridav, via Shutterstock)

COVID-19 cases in California are spiking dramatically — more than 6,600 new cases on Tuesday alone — and scientists predict California will double its transmission rate every four to five weeks. On Wednesday, the death toll spiked to 98, bringing to 5,725 the total number of deaths so far.

News

Signature gathering halted for $5.5 billion stem cell initiative

A signature gatherer in Ventura during the 2018 election cycle. (Photo: Michael Gordon, via Shutterrstock)

Backers of a $5.5 billion stem cell research initiative in California have suspended their efforts to gather signatures to place it on the November ballot, but are expressing confidence that the proposal will qualify. The campaign said it had run afoul of statewide bans on public gatherings.

News

CA stem cell agency lauds multibillion-dollar ’47’ deal

A laboratory stem cell researcher uses a laptop in conjunction with a microscope. (Photo: moreimages, via Shutterstock)

A small firm in Menlo Park, Ca., is probably the only company in the nation that is named after the number of a particular human protein. It is a small number too, only 47. But it has large implications for California’s financially strapped state stem cell agency.

News

Our political polling shifts into high gear for 2020

Attendees at a 2018 political rally in Santa Ana. (Photo: Juan Camilo Bernal, via Shutterstock)

In the 2016 and 2018 election cycles, Capitol Weekly conducted several surveys for the primary and general elections. We examined voters’ opinions on the contests for president, U.S. Senate, governor, Legislature and Congress, as well as on ballot measureas before California voters. In total, we heard from over 100,000 voters, providing us with a significant dataset of voters and their preferences.

News

Dynamex ruling roils workforce

Adult entertainment clubs a decade ago in San Francisco's North Beach district. (Photo: James Kirkikis, via Shutterstock)

No one at the strip club wanted to talk about Dynamex. Dynamex refers to a landmark decision by the California Supreme Court, officially known as Dynamex Operations West, Inc. v. Superior Court of Los Angeles, that set standards to determine whether a worker is an employee or an independent contractor.

News

Target: CalPERS’ private equity profits

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

Calpensions: After the board was told last April that CalPERS could not track the incentive payments, known as “carried interest,” a wave of media criticism grew with stories in the New York Times late last month and Fortune magazine last week. A pension fraud investigator, Edward Siedle of Benchmark Financial Services, launched an Internet fund-raising campaign on Kickstarter to raise $750,000 for a “forensic investigation” of the California Public Employees Retirement System.

News

Proposed pension initiative targets local changes

The leaders of two local pension reforms, former San Jose Mayor Chuck Reed and former San Diego Councilman Carl DeMaio, are working with a coalition on a statewide initiative to help local governments make cost-cutting pension reforms. During a break at the Reason Foundation’s third annual Pension Summit in Sacramento last week, the two men said they are “on the same page” and working with a coalition on the details of a proposed initiative for the November 2016 state ballot.

News

State gets two-year grace period to cut inmate population

California won a two-year extension to meet a federal court order to cut its prison population, but a three-judge panel made clear Monday that it has doubts about the state’s handling of prison overcrowding. A three-judge federal panel accepted Gov. Jerry Brown’s new plan to reduce the population, but reprimanded the state for its delay in finding what they described as a “durable” solution to the prison crisis. The state has put inmates in out-of-state prisons and private custody.

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