May 2016
  • 4.7%
    CA Unemployment
  • -0.5%
    One Month Change
  • -1.4%
    Year Over Year
  • 4.5%
    US Unemployment

July 13, 2016
The California Public Employees Retirement System – the nation’s largest – lost about 2 percent of its market value in the fiscal year that just ended, according to unofficial numbers published last week on the CalPERS website. This came despite doubled-down efforts to beef up its bottom line.
July 12, 2016
CalPERS’ investment portfolio barely eked out a profit during the 2014-15 fiscal year and it performed even more poorly during the 2015-16 cycle that ended June 30, declining by $8 billion (2.6 percent) to $293.7 billion.
July 12, 2016
In the 1970s, California spawned more than 3,000 new businesses for every 1 million inhabitants, a rate that was much higher than the nation overall, according to a report released Monday by the chamber, which analyzed Census Bureau data. By 2013, the state was creating far fewer new companies, and barely outpacing the rest of the country.
July 12, 2016
The number of job openings slid in May to the lowest level of the year, underscoring that month’s weakness in the labor market–though separate reports have shown a rebound in June.
July 11, 2016
A strong surge in real estate transactions, new commercial and residential construction and rising housing prices should generate a $3-plus billion increase in property tax revenues for schools and local governments during the current fiscal year.



July 14, 2016 / Daniel Borenstein

July 14, 2016 / Carson Bruno