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Economic Growth

Envisioning California’s economic future and elevating pragmatic policies to support business and job growth.

Explainer

Making Sense of California’s Economy

By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune, Vicki Hsieh

We take a look at where California's economy has been, where it might be headed, and how we can better insulate Californians against future upheavals.

blog post

What’s in Store for California’s Economy?

By Sarah Bohn

California starts the year with low unemployment, rising wages, and falling inflation—but also with residents expressing pessimism about the state's economic outlook. We look at what's ahead for the California economy.

Report

Policies for Creating and Keeping Jobs in California

By David Neumark, Emma Wohl

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.

blog post

Many California Renters Remain Financially Stressed

By Hans Johnson, Eric McGhee

Although fewer Californians are behind on rent payments than during the height of the COVID-19 pandemic, rents are increasing across the state and housing stress is hitting some regions and demographic groups especially hard.

blog post

Is the American Dream in California Dying?

By Dean Bonner

Majorities of Californians—61%—believe that the American Dream is harder to achieve here than elsewhere. Support for policies that could improve economic well-being in the state is widespread.

Statewide Survey

PPIC Statewide Survey: Californians and Their Economic Well-Being

By Mark Baldassare, Dean Bonner, Lauren Mora, Deja Thomas

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.

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