blog post What’s in Store for California’s Economy? By Sarah Bohn Jan 10, 2024 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 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.
Policy Brief Policy Brief: Policies for Creating and Keeping Jobs in California By David Neumark, Emma Wohl, Stephanie Barton Dec 13, 2023 California offers 21 programs intended to add jobs or grow employment. Which policies work and how well? Three programs show strong evidence for creating jobs or increasing employment; others show mixed evidence or are too new to be evaluated. The state should consider expanding effective programs and build features to better evaluate the others.
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.
Policy Brief Policy Brief: Factors and Future Projections for K–12 Declining Enrollment By Julien Lafortune, Emmanuel Prunty, Stephanie Barton Dec 11, 2023 California counties serving higher shares of low-income, English Learner (EL), and Asian, Black, and Latino students expect greater enrollment losses in coming years. In the past, schools that closed due to falling enrollment had more low-income and EL students as well as lower test scores than the rest of the district.
blog post Remote Work Is Here to Stay By Deja Thomas Nov 29, 2023 More than three years after the pandemic forced a major shift to remote work, more than six in ten employed adults in California say they prefer either fully remote work or some sort of hybrid arrangement. At the same time, opportunities for remote work vary widely across demographic groups and the state's regions.
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.
Report Priorities for California’s Water By Jeffrey Mount, Letitia Grenier, Ellen Hanak, Caitlin Peterson ... Nov 1, 2023 California has made great strides in preparing for a drier, hotter future, but it remains a challenge to harness the bounty of wet years while also reducing flood risk. How did California’s water sector manage the unusually wet 2023 water year—and what lessons can we glean for the future?
