blog post California’s Economy—Past, Present, and Future By Sarah Bohn Feb 29, 2024 As part on an ongoing series celebrating PPIC's 30th anniversary, Sarah Bohn—who directs the new PPIC Economic Policy Center—reflects on key trends and transformations in the state's economy over the last three decades.
Report Priorities for California’s Economy By Sarah Bohn, Vicki Hsieh, Marisol Cuellar Mejia, Jenny Duan ... Jan 31, 2024 Though California faces considerable economic uncertainty, it also has tremendous potential to overcome the obstacles ahead. Practical policy solutions to promote a robust, resilient economy should build on the skills, diversity, and innovation of Californians.
Fact Sheet California’s Businesses By Shannon McConville, Jane Sawerengera, Sarah Bohn Jan 26, 2024 Most California businesses are small, and most Californians are employed by small businesses. About 28% of the state’s businesses are family owned. Business ownership does not mirror California’s demographic makeup.
Fact Sheet Who Are California’s Workers? By Tess Thorman, Jenny Duan, Sarah Bohn Jan 26, 2024 Most of California’s 19 million workers earn wages or salaries. Californians work in a variety of occupations and sectors, and wages vary widely across regions and demographic groups.
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 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.
