After years of teacher layoffs due to budget cuts during the Great Recession, school districts across California are again on a hiring spree. The pickup in demand, however, comes at a time when the pool of fully credentialed teachers is shrinking. The mismatch between the need for more teachers and…
Economic Updates
Remediation Rates: The New Graduation Rate?
With graduation season upon us, rising graduation rates across California are again a prime topic for discussion. Graduation rates have increased dramatically in LA County from 2010 to 2016, rising from 71% to 81% over the six year period. LAUSD’s graduation rates rose even more significantly during that time, from…
The Greatest Tax Increase in U.S. History
A recent L.A. Times business section article entitled Will Congress kill a $101-billion tax break for Californians? focused on a plan, by House Republican leaders called “A Better Way”, to axe the federal deduction for state and local taxes, a provision that allowed Californians to reduce their taxable income by $101 billion…
Workforce Development Policy at the Federal Level: Cuts Anticipated, Details Pending
On February 27th, President Trump released a budget blueprint for fiscal year 2018 to government agencies that will increase defense and security spending by $54 billion and cut roughly the same amount from non-defense programs. While the release is just a blueprint, the President will deliver his official budget to…
What is the Role of Unions in Generating Economic Growth and the the Creation of Good Paying Jobs
This past week two separate states – New Hampshire and South Carolina – took two separate directions on the issue of workers’ rights and unions.
Weekly Report – February 13, 2017
On March 7, 2017 voters in the City of Los Angeles will be asked to vote on Measure S, that if passed, would impose a moratorium on construction that increases development density, for up to two years.
Weekly Report – January 30, 2017
This study commissioned by Royal Bank of Canada and the Latino Donor Collaborative, presents a comprehensive analysis of the contribution made by Latino Americans to the US economy, based on data from a wide variety of government and private sources.
While Upward Mobility and Wages Decline, the Importance of Middle Skill Credentials Grows
Earlier this week, the annual California Economic Summit convened public, private, and civic leaders in Sacramento to discuss the state’s economic challenges and path forward to achieve sustained prosperity.
Weekly Report – December 12, 2016
Congratulations to the team from Cal State Los Angeles for taking the top prize at the inaugural Mayor’s Cup.
Building A More Sustainable Economy One Neighborhood at a Time
Next year will mark the 25th anniversary of the L.A. riots. Though many of the issues that helped fan the flames of the unrest – poverty, unemployment and crime – still persist in the neighborhoods of South L.A. (and other parts of the region), there is a growing sense that change is coming.
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