Unemployment

Business & Economics

World Series policy lessons

Much of California and Texas are in a state of baseball euphoria. Either the San Francisco Giants or the Texas Rangers will win their first World Series title this week. (The Giants won it in 1954 but were a New York team then.) Unfortunately for Californians, the shared state of ...
Business & Economics

The government is paying people not to work

This year’s Nobel Memorial Prize in Economics went to Peter Diamond, Dale Mortensen, and Christopher Pissarides for their work on “search theory,” especially as applied to labor markets. The irony is that their award-winning work provides peer-reviewed justification for a commonsense solution to high unemployment. Continuous extensions of unemployment benefits ...
Business & Economics

Proposition 23 and California Employment

Proposition 23, on next Tuesday’s ballot, would suspend the implementation of the California Global Warming Solutions Act of 2006 (AB 32) until the state unemployment rate, now 12.4 percent, declines to 5.5 percent for four quarters. A new study published by the Pacific Research Institute examines the employment implications of ...
Commentary

About California’s Prop 23

On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Business & Economics

Memo to Candidates – Dire Economy Calls for Deep Reforms

California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics

Returning the state to prosperity requires action

As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Climate Change

How the “Green Jobs” Agenda Destroys Jobs

Proposition 23 on the Nov. 2 ballot would delay implementation of California’s Global Warming Solutions Act of 2006 (Assembly Bill 32). A recent study from the California Small Business Roundtable deals with the economic costs of that legislation. The Cost of AB 32 on California Small Businesses argues that such ...
Commentary

California’s Prop 23: The Anti-Job Killer

If approved by the California electorate in two weeks, Proposition 23 would suspend the implementation of the California Global Warming Solutions Act of 2006 (“AB32”) until the state unemployment rate declines to 5.5% or less for four consecutive quarters. AB32 mandates a reduction in California greenhouse gas emissions to 1990 ...
Business & Economics

New leadership on taxes needed

A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
Business & Economics

California Tax Facts 2011

State of California General Fund Tax Revenue, Fiscal Year 2010 July 1, 2009 – June 30, 2010 up 5.6% from FY 2009 Source: California State Controller (p. 12) $86.58 billion California Tax Facts 2011 – Revenue Sour Personal Income Taxes $44.83 billion 52% Retail Sales and Use Taxes $26.74 billion   ...
Business & Economics

World Series policy lessons

Much of California and Texas are in a state of baseball euphoria. Either the San Francisco Giants or the Texas Rangers will win their first World Series title this week. (The Giants won it in 1954 but were a New York team then.) Unfortunately for Californians, the shared state of ...
Business & Economics

The government is paying people not to work

This year’s Nobel Memorial Prize in Economics went to Peter Diamond, Dale Mortensen, and Christopher Pissarides for their work on “search theory,” especially as applied to labor markets. The irony is that their award-winning work provides peer-reviewed justification for a commonsense solution to high unemployment. Continuous extensions of unemployment benefits ...
Business & Economics

Proposition 23 and California Employment

Proposition 23, on next Tuesday’s ballot, would suspend the implementation of the California Global Warming Solutions Act of 2006 (AB 32) until the state unemployment rate, now 12.4 percent, declines to 5.5 percent for four quarters. A new study published by the Pacific Research Institute examines the employment implications of ...
Commentary

About California’s Prop 23

On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Business & Economics

Memo to Candidates – Dire Economy Calls for Deep Reforms

California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics

Returning the state to prosperity requires action

As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Climate Change

How the “Green Jobs” Agenda Destroys Jobs

Proposition 23 on the Nov. 2 ballot would delay implementation of California’s Global Warming Solutions Act of 2006 (Assembly Bill 32). A recent study from the California Small Business Roundtable deals with the economic costs of that legislation. The Cost of AB 32 on California Small Businesses argues that such ...
Commentary

California’s Prop 23: The Anti-Job Killer

If approved by the California electorate in two weeks, Proposition 23 would suspend the implementation of the California Global Warming Solutions Act of 2006 (“AB32”) until the state unemployment rate declines to 5.5% or less for four consecutive quarters. AB32 mandates a reduction in California greenhouse gas emissions to 1990 ...
Business & Economics

New leadership on taxes needed

A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
Business & Economics

California Tax Facts 2011

State of California General Fund Tax Revenue, Fiscal Year 2010 July 1, 2009 – June 30, 2010 up 5.6% from FY 2009 Source: California State Controller (p. 12) $86.58 billion California Tax Facts 2011 – Revenue Sour Personal Income Taxes $44.83 billion 52% Retail Sales and Use Taxes $26.74 billion   ...
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