Posts Tagged: half

News

California jobless figures reflect uncertain economy

An illustration of employment in California. (Photo: David Carillet, via Shutterstock)

California employers added 47,400 nonfarm payroll jobs in September, the state reported,  sending a mixed signal about the state’s economy with less than half of August’s 104,300 new hires. The Employment Development Department said September’s unemployment rate of 7.5% matched August’s 7.5%. 

Opinion

California can — and should — lead the world on clean hydrogen

The Energy Observer, the first round-the-world hydrogen-powered sea vessel, arrived in Long Beach on Earth Day, April 22. (Photo: Ringo Chiu, via Shutterstock)

OPINION: In the May Revision to his state budget proposal, Gov. Gavin Newsom added $110 million to support clean hydrogen production, recognizing the need for more clean hydrogen in the U.S. and the opportunity for California to dominate its development on a national and global scale.

Opinion

Flavored tobacco ban would hurt convenience stores

A hookah bowl with cherry shisha tobacco and smoke. (Photo illustration: Andrey Julay, via Shuitterstock)

OPINION: California boasts the largest state economy in the nation. A result of diverse, successful industries that include agricultural, tech and film, it’s easy to overlook the economic impact of our state’s small businesses. But driven by unrelenting special interests, legislators have done just that, introducing Senate Bill 793 — an unconstitutional ban on the selling of all flavored tobacco products that neglects middle-class, small business owners.

Opinion

California’s paid family leave left new parents behind

Three happy fathers walking in the park with thier children. (Photo: Olesia Bilkei, via Shutterstock)

OPINION: The Talk. Read. Sing.® campaign’s singing birds have been coaching us on one key note: the first years of each child’s life are a game changer. That’s because 90% of a child’s brain development happens before the age of five. However, there’s also a narrow window in a newborn baby’s life when bonding with a parent has a profound impact on their development and future success — making those first few months matter, too.

News

California’s hunt for political relevance

Political messaging in the city of Vista in the 49th Congressional District prior to election day. (Photo: Simone Hogan, via Shutterstock)

On election night, California’s closely watched congressional races, viewed as crucial to Democrats’ attempts to capture the House, were largely irrelevant, after all. Democrats needed to pick up 23 seats nationally to reach a House majority and they got 26 before Golden State voters even weighed in — far short of the number predicted by numerous campaign strategists but still enough to give Democrats control.

News

PolitiFact: Buchanan wrong saying half of California doesn’t speak English

Former GOP presidential contender Pat Buchanan. (Photo: KPCC)

“Now in half the homes in California, people speak a language other than English in their own homes.” We checked the second part of Buchanan’s statement, about the percentage of Californians who speak a foreign language at home. It’s a claim that was close to correct on the numbers, but wrongly implies that half the state does not speak English.

News

CalPERS: Retirees begin to outnumber active workers

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

After a loss of $100 billion in the recent recession, the CalPERS funding level dropped from 100 percent in 2007 to 61 percent in 2009. It has not recovered, despite a major bull market in which the S&P 500 index of large stocks tripled. “Even with the dramatic returns we have seen over the past six years, because the demographics of plans in general have changed and plans are now by and large cash-flow negative, it’s been very challenging to dig out of that hole,” Andrew Junkin, a Wilshire consultant, told the CalPERS board last week.

News

Historic drought trumps economy

The dry bed of Ivanpah Lake in San Barnardino County, which had been filled by the 2004-05 rains. (Photo: Ed Berlen)

Water and the lack of it is the No. 1 issue confronting California, and most people across the state believe their neighbors aren’t doing enough to deal with the drought. The nonprofit Public Policy Institute of California reported that nearly four in 10 of those surveyed said water and drought was the most important issue, about double those – 20 percent – who saw jobs and the economy as the key issue.

News

PPIC: Water bond up, Brown way up, Prop. 45 divided

Jerry Brown holds a 21 point lead over Neel Kashkari among likely voters in the governor’s race, and there is majority support both for a state water bond.Likely voters are more divided on two other statewide ballot initiatives, one that would establish a budget stabilization account—or rainy day fund—and another that would give the state insurance commissioner authority over changes in health insurance rates.

News

Brown makes urgent plea for delta tunnels

Gov. Jerry Brown at a Capitol briefing last year on his revised state budget. Photo: Rich Pedroncelli/AP

Gov. Jerry Brown delivered an impassioned defense of his ambitious plan to drill huge tunnels through the delta east of San Francisco to move more northern water south, saying California’s economic well-being depended on it.

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