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 Self-Employment in California By Marisol Cuellar Mejia, Jenny Duan, Sarah Bohn Jan 26, 2024 Self-employment is an important contributor to California’s economy; the self-employed make up 11% of workers statewide and the jobs they create account for 23% of total employment. Rates of self-employment vary across regions and demographic groups.
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.
Fact Sheet Immigrants in California By Marisol Cuellar Mejia, Cesar Alesi Perez, Hans Johnson Jan 19, 2024 California is home to more than 10 million immigrants—almost a quarter of the foreign-born population nationwide. Almost half of California’s immigrants are from Latin America, but a majority of recent arrivals come from Asia.
Fact Sheet California’s Population By Hans Johnson, Marisol Cuellar Mejia, Eric McGhee Jan 19, 2024 Growth in the nation’s most populous state has slowed notably in the 21st century, with recent years bringing a drop in population due to higher deaths, lower births, and changes in migration. More than half of Californians under 24 are Latino while more than half of Californians 65 and older are white.
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.
Fact Sheet California’s County Jails By Magnus Lofstrom, Brandon Martin, Andrew Skelton Jan 8, 2024 The statewide jail population is significantly lower than it was before the pandemic. The population is largely male and being held for felonies.
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.
