June 19, 2012, 12:05 AM
More than any other group in California, African Americans stand to gain the most significant lift out of poverty from earning a college degree, according to a new report. Taking a deeper look at data from a study it released in April, the nonprofit Campaign for College Opportunity this month...
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October 12, 2011, 12:05 AM
Since the recession began, times have been tough in California – everybody knows it. The economy is in a protracted stall. But it took economists at California Lutheran University’s Center for Economic Research and Forecasting to describe, in hyperbolic language, the depth of the...
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September 8, 2011, 6:00 PM
Lawmakers narrowly passed a heavily lobbied bill today that would prohibit employers from using credit reports to evaluate prospective employees in most circumstances. AB 22, which passed the Senate 21-17 on a largely party-line vote, was one of the most-lobbied bills of the term, according to...
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August 22, 2011, 12:05 AM
California's unemployment rate remains the second-highest in the nation – 12 percent in July – but among some demographic groups, joblessness is even higher. The unemployment rate among 16- to 19-year-olds in California was 34.2 percent last month, according to the state...
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August 11, 2011, 12:05 AM
Given the steep daily declines in the stock market, it's a good time to point out the trove of economic data available to help assess the situation. The Federal Reserve Bank of St. Louis maintains a portal that allows users to easily drill down into thousands of economic data sets and...
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June 24, 2011, 12:05 AM
California Department of FinanceCalifornia's population is projected to increase 11.5 percent by 2020. Click image to enlarge. California will gain more than 4.3 million people over the next decade – an 11.5 percent increase but 2.5 million people short of pre-recession projections,...
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June 10, 2011, 12:05 AM
Of the more than 2.1 million jobless Californians, one out of three has been unemployed for a year or more, according to the latest figures from the state Employment Development Department. And as joblessness drags on, unemployment checks run out. About 1.1 million people in the state...
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March 15, 2011, 12:05 AM
While the Arizona law requiring employers to verify worker authorization has led to fewer illegal immigrants in the state, it has also pushed undocumented workers into informal or underground employment, raising the possibility of other economic and societal costs, according to a report...
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March 4, 2011, 12:05 AM
As California struggles though one of the deepest slumps in its history, this may not seem like the time to try to focus attention on the state's promise. Yet that is the theme underlying Boom, a new California magazine that will go on sale March 10. As editors Louis Warren and Carolyn de...
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February 11, 2011, 12:05 AM
The long-term unemployed – including hundreds of thousands in California – would receive 14 additional weeks of jobless benefits under a bill introduced in Congress this week. More than 2.2 million Californians were out of work in December. As of Feb. 8, there were nearly 330,000...
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February 2, 2011, 9:05 PM
As California struggles with one of the highest jobless rates in the country, the state would benefit from creating an earned income tax credit to boost wages and encourage the unemployed to find higher-paying jobs, according to a report released tonight by the Public Policy Institute of California...
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December 10, 2010, 12:05 AM
State officials are taking a step back from reducing air pollution. The California Air Resources Board is planning on rolling back diesel emission limits for trucks, buses, bulldozers, backhoes and other construction equipment. The move will “extend relief to businesses,...
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November 4, 2010, 12:05 AM
Several California metropolitan areas registered among the nation's highest unemployment rates in September, according to figures released yesterday by the U.S. Bureau of Labor Statistics. The El Centro metropolitan area in Imperial County continued to lead the nation with a 30.4 percent...
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October 19, 2010, 12:05 AM
Going beyond anecdotes, a "distress index" developed by New America Media and the Stanford Center for the Study of Poverty and Inequality for the first time provides a measure of the impact of the Great Recession on individuals most deeply affected. In its first application, the...
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July 7, 2010, 12:05 AM
California counties were among the nation's most economically stressed in May, according to an Associated Press analysis released yesterday. Imperial County topped the AP's monthly Economic Stress Index, which assigns scores from 1 to 100 based on unemployment, foreclosure and...
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