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Occasional Paper, Report

Rethinking California’s Policy Options in a Global Economy

By Howard J. Shatz

Comments for the Roundtable on the Role of California in International Trade with Specific Emphasis on the California International Trade and Investment Act of 2002, Senate Office of Research, Sacramento, California, February 14, 2002.

blog post

The Economic Toll of COVID-19 on Self-Employed Workers

By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune

Independent contractors, freelancers, and gig workers account for more than one-quarter of Californians providing personal care, household upkeep, or other services—areas especially hard hit during the pandemic.

Report

Will California Run Out of College Graduates?

By Hans Johnson, Sarah Bohn, Marisol Cuellar Mejia

California’s higher education system is a critical driver of the state’s economic progress. As the state’s economy continues to change, will its workforce be ready for the jobs of tomorrow?

This report updates and extends projections of California’s workforce skills through 2030, focusing on the supply and demand for workers with a bachelor’s degree. We find that the state will fall about 1.1 million college graduates short of economic demand if current trends persist—a problem we call the workforce skills gap. Even the arrival of highly educated workers from elsewhere is unlikely to be large enough to fill this gap.

Today’s college graduates have better economic outcomes than those who do not hold a bachelor’s degree. Over time, college graduates have seen lower rates of unemployment and higher wages than other workers—even through the Great Recession—suggesting that college degrees have become increasingly valuable in California’s labor market.

The future workforce skills gap looms large. But California and its higher education institutions can take several practical steps to close it. The core of a new plan for higher education should include increasing access to the state’s four-year institutions, improving college completion rates, expanding transfer pathways from community colleges, and being smart about aid programs.

blog post

Six Months of Economic Crisis: What Is Next?

By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune

California continues to confront the pandemic and its economic effects. What has this downturn meant for the state’s labor market? And what factors are likely to shape the recovery?

blog post

Early Insights on California’s Economic Downturn

By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune

Most of the early job loss during the COVID-19 pandemic occurred in major service sectors such as entertainment and recreation, hospitality and food, and personal services.

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