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PPIC Economic Policy Center

The PPIC Economic Policy Center inspires practical policy solutions that promote a robust, resilient economy, improving the prospects of workers, families, and businesses statewide.

photo - Gas Station Price Board at Sunrise in Rancho Cordova, California on March 25, 2026
Featured Blog Post · April 22, 2026

Rising Gas Prices May Strain Family Finances in California

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Fact Cards

25% Share of California businesses owned solely by women.
California’s workforce is now older than the US workforce.
33% The share of California workers who are immigrants.
At $4.3 trillion, California’s GDP is 14% of the entire GDP of the US.
Economy chart The majority of California workers earn less than $30 per hour.
Most California businesses are small, and most Californians work for a small business.
At almost 12% of the workforce, self-employment is higher in California than in the US.
Since 1980, income among top earners grew by 72%; among lowest earners, income grew by 19%.
7 in 10 Californians think that when today’s children grow up, they will be worse off financially than their parents.