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 ...
Jason Clemens
October 31, 2010
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 ...
Robert P. Murphy
October 28, 2010
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 ...
Benjamin Zycher
October 27, 2010
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 ...
Pacific Research Institute
October 26, 2010
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 ...
Jason Clemens
October 25, 2010
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 ...
Jason Clemens
October 21, 2010
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 ...
Julie Kaszton
October 20, 2010
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 ...
Benjamin Zycher
October 20, 2010
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 ...
Jason Clemens
October 20, 2010
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 ...
Lawrence J. McQuillan
October 19, 2010
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...