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Statewide Business Community Supports Retail Theft Legislative Package as Part of Comprehensive Approach to Crisis
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state....
The Roundtable membership has voted to support several key measures on the 2024 ballot.
- 02/05/2024
The California Business Roundtable extends sincere appreciation to Assemblymember Irwin, Chair of Assembly Revenue and Taxation, and the committee members for their prudent decision to hold Assembly Bill 259, the wealth tax proposal.
- 01/12/2024
SACRAMENTO, CA – The California Business Roundtable today announced it supports Proposition 1, Governor Newsom’s $6.38 billion bond measure to build 10,000 new community behavioral health beds and housing to provide care to Californians of all ages with serious mental health and substance use disorders.
- 12/06/2023
SACRAMENTO, CA — California Business Roundtable President Rob Lapsley issued the following response to Governor Newsom's announcement today on retail theft this holiday season:
- 11/22/2023
SACRAMENTO, CA — The California Center for Jobs and the Economy today released this special report which uses recently released US EPA data to conduct a thorough fact-check of California's climate initiatives. The findings reveal that not only has California failed to significantly outpace other states in reducing climate emissions, but it has also directly escalated costs, such as electricity, resulting in California having some of the highest national energy costs in its pursuit of climate change objectives.
- 11/01/2023
SACRAMENTO—The united business community today issued the following response to the U.S. Supreme Court ruling that overturned affirmative action practices for college and university admissions:
- 06/29/2023
Latest News from the Center for Jobs
Latest on what is driving California’s economy, job growth, and other key indicators. Get updates straight to your inbox at [email protected].
Special Report: Economic Importance of Trade & the Ports to Southern California: Phase I Report: Baseline Economic & Fiscal Impacts
The Ports of Long Beach (POLB) and Los Angeles (POLA) are the core of the largest trade complex in North America. More than 3 million jobs nationwide are supported by the two ports and nearly 230,000 jobs in the region....
Last month, the governor announced that the state’s energy policies had set new records whereby clean energy had exceeded grid demand at some point during 40 of the last 48 days. Left unsaid, however, is that clean energy is not always produced when it is needed.
- 05/07/2024
Total trade through the state’s ports was up $2.2 billion (3.3%) in March compared to the same period a year ago, generating yet another rise (on a 12-month moving basis) in the state’s overall share of US trade to 15.75% compared to the low of 15.32% last August.
- 05/02/2024
As discussed in our preliminary report last week, the March data again showed California with the highest unemployment rate among the states and DC and, at 5.3%, the highest in California since December 2021. In contrast, the current Department of Finance forecasts underlying the budget revenue and spending projections expected unemployment to be only 4.9% in the first quarter of 2024.
- 04/25/2024
The March data returned to reporting mixed results for the state’s economy. Nonfarm jobs rose 28,000 in the preliminary results for March, while the loss in February was revised 3,300 lower to 6,600. The preliminary average monthly gain for the first quarter of 2024 was 15,800, down sharply from the previous quarter’s average of 38,800 but better than the 5,200 average loss in the first quarter of 2023.
- 04/19/2024
The state’s energy policies continued to push prices ever higher. In January on a 12-month moving average basis, residential electricity rates rose to the second highest among the contiguous states, while industrial rates rose to the highest.
- 04/05/2024
The Baltimore bridge collapse is the latest event adding to global trade disruptions, coming on the heels of continued challenges to shipping through the Panama and Suez Canals, uncertainty in the global economic outlook, and the shift of extended contract negotiations to the Eastern ports.
- 04/04/2024