Report Policies for Creating and Keeping Jobs in California By David Neumark, Emma Wohl Dec 13, 2023 State efforts to spur job creation include 21 programs ranging from tax credits to worker training. Three policies offer strong evidence indicating they create jobs or increase employment in California. New programs—and programs with weak evidence—need to have built-in features that allow deeper evaluation.
Report A Hiring Incentive that Works: The California Competes Tax Credit By David Neumark, Matthew Freedman, Benjamin Hyman, Shantanu Khanna Dec 13, 2023 Established in 2013, the California Competes Tax Credit (CCTC) boosts firm employment and payroll growth within California by as much as 30 percent within three years. This growth benefits a wide range of workers and is greater in parts of the state with higher levels of poverty and unemployment.
Report Factors and Future Projections for K–12 Declining Enrollment By Julien Lafortune, Emmanuel Prunty Dec 11, 2023 Over the past five years, enrollment has fallen in nearly three-quarters of California school districts, and the trend is expected to continue into the next decade. Faster declines could bring pressure to close schools, along with concerns about the students and neighborhoods bearing the costs of downsizing.
blog post Video: A Conversation with Leon Panetta By Stephanie Barton Nov 13, 2023 Former secretary of defense and White House chief of staff Leon Panetta will join PPIC president and CEO Tani Cantil-Sakauye for a wide-ranging discussion about leading through the critical challenges facing the state and nation.
Report Understanding the Reach of the California Earned Income Tax Credit By Tess Thorman Nov 13, 2023 State-designed and -funded tax credits for low-income families are a small but growing part of California’s anti-poverty portfolio. As policymakers explore ways to refine, increase, and supplement the California Earned Income Tax Credit (CalEITC), they could benefit from knowing more about where and when the CalEITC and similar credits are claimed.
Statewide Survey PPIC Statewide Survey: Californians and Their Economic Well-Being By Mark Baldassare, Dean Bonner, Lauren Mora, Deja Thomas Nov 8, 2023 Key findings include: A record-high 71 percent of Californians believe that children growing up in the state today will be worse off financially than their parents. Three in ten workers fear losing their jobs to new technology like artificial intelligence. A majority say that California will have bad economic times in the next 12 months; about half approve of how Governor Newsom is handling jobs and the economy.
