Posts Tagged: California
News
California payrolls added 47,500 nonfarm workers in November compared with October’s 96,800 new hires, according to the state Employment Development Department. The November new hires accounted for 22% of the U.S.’s 210,000 jobs for the month. In California, November’s unemployment rate of 6.9% improved from October’s 7.3%.
Opinion
OPINION; California cannabis regulations are taking one step forward and two steps back. Two landmark – and at times polarizing – pieces of legislation for California’s cannabis market are currently making waves: The state is set to raise the cannabis cultivation tax while regulators have announced plans to standardize cannabis testing.
News
With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.
News
In January 2020, Californians thought they were getting out of the private prison business. They are, but under a new law, AB 32, which went into effect at the first of the year, the state remains heavily invested in backing for-profit correctional services — including facilities that resemble detention centers run by the same companies who operate private prisons.
Recent News
Preliminary numbers from California’s biggest cities suggest that 2020’s stunning 30-percent increase in the statewide murder rate – the largest since 1960 – has continued to rise this year, and crime experts have as many questions as answers. “We’re seeing a continued trend” in rising murder rates throughout 2021, said Mangus Lofstrom, a policy director and senior fellow at the nonpartisan Public Policy Institute of California.
Opinion
OPINION: Over the past several years, severe wildfire conditions across the Western United States have impacted communities throughout California and prompted new questions regarding where and how to build homes in communities outside our cities. While more urban density is one way to address the critical housing needs of a growing population, it is not the only option.
News
Several factors are shaping demand, prices, sales and supply of new and used cars in the Golden State, but consumers know one thing — their pocketbooks are taking a hit.
Opinion
OPINION: There seems to be no end in sight for the nationwide supply chain crunch that is crippling our nation’s economy. For small business owners in California who barely survived the destruction caused by the pandemic, this could not come at worse time.
News
Important legislation to improve California’s broken mental health system was passed this year, plus billions in new funding in the state budget — all aimed at stemming the tide of a growing crisis on California streets, in hospital ER’s, jails and prisons. But will it mean real change?
News
California’s $12 billion stem cell agency needs to do better in several critical areas, ranging from planning for the replacement of its current chair to handling information that is key to its operations as well as the tracking of potential sources of royalties. That’s according to that latest performance audit of the 17-year-old agency.
A steel worker walks across a beam at a Redwood City construction site. (Photo: Michael Barajas, via Shutterstock)
