Economy
Analyst Projects California Revenue $3.2B Higher Than Governor
The state’s independent budget analyst says California will take in $3.2 billion more than Gov. Jerry Brown estimated, providing Democratic lawmakers the opportunity to increase spending.
California Unemployment Rate Drops To 9 Percent
The state’s Employment Development Department reported Friday that California’s jobless rate is at its lowest point since November 2008, nearly a year after the recession began.
California’s Unemployment Rate Tied For Worst In Nation
Nevada’s rate, while tied with California and Mississippi for the highest among states at 9.6 percent, was down from 11.8 percent a year ago.
Unemployment Rate Creeps Higher In Some Bay Area Counties
Unemployment rates in parts of the Bay Area saw increases in January while the statewide rate went unchanged for the month, according to employment data released Friday.
America’s Cup Report Cuts Projected Bay Area Economic Benefits Nearly In Half
A new report has cut the Bay Area’s economic benefits from the America’s Cup Race this summer in San Francisco from $1.4 billion down to $780 million.
Once Red-Hot Silicon Valley Job Market Shows Signs Of Cooling
Silicon Valley’s economic engine may still be humming along, but it does appear to be downshifting into a slightly slower gear.
Poll Shows Californians Gloomy Outlook On Economy, Job Market
A new poll shows that most Californians are downright gloomy about the state’s economy and very few voters think the job market will improve this year.
The Economy Is Coming Back, So Are Big Corporate Parties
Big parties are making a comeback in San Francisco, as big companies give up on recession chic and pull out the stops to entertain in style.
Leading Silicon Valley Economist Predicts Slow Economic Growth In 2013
Santa Clara University Economic Professor Mario Belotti’s annual economic forecast calls for a 2.5 percent growth this year.
Texas Governor Ends California Business Recruiting Trip Empty-Handed
Gov. Rick Perry is wrapping up his high-profile recruiting trip to California without having convinced any businesses to relocate to his state—at least not yet.
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