blog post Reconciling Signs of a Strong Economy with California’s Budgetary Woes By Julien Lafortune, Jenny Duan, Sarah Bohn Jan 24, 2024 Even as the state faces a sizeable budget deficit, job growth and low unemployment suggest a resilient state economy. Still, two areas of concern in the labor market data are worth monitoring.
Explainer Making Sense of California’s Economy By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune, Vicki Hsieh Jan 16, 2024 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 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.
blog post Video: Understanding the Reach of the California Earned Income Tax Credit By Mary Severance Dec 12, 2023 PPIC researcher Tess Thorman outlines a new report on the factors associated with participation in the California Earned Income Tax Credit (CalEITC), a state-funded benefit designed to improve low-income families' economic well-being.
blog post Video: Californians and Their Economic Well-Being By Mary Severance Nov 16, 2023 Researchers Dean Bonner and Deja Thomas discuss key findings from the latest PPIC Statewide Survey, which examines Californians’ views on their own financial situation, the state’s economic outlook, and other topics.
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.
blog post Soft Landing? What the Latest Data Says about California’s Economy By Jenny Duan, Sarah Bohn Oct 30, 2023 New jobs data suggests that taming inflation has not hurt the state's labor market much. While unemployment in California has increased slowly since a low in August 2022, the state's labor market still shows many markers of strength.
blog post A Look at Demographic Differences in Poverty across Regions in California By Patricia Malagon, Caroline Danielson Oct 24, 2023 California's overall poverty rate rose between fall 2021 and early 2023, according to the most recent California Poverty Measure. We look at how poverty differs across the state and how it is linked to race, education, and other demographic factors.
Fact Sheet The Working Poor in California By Sarah Bohn, Caroline Danielson, Sara Kimberlin, Patricia Malagon Oct 18, 2023 Most poor families in California are working. Poverty rates among working adults are highest in southern, coastal California.