Weekly Unemployment Claims Update: April 26-May 2 [EconTax Blog]

May 7, 2020 - Department of Labor (DOL) released data on the number of unemployment claims processed by state labor departments during the week of April 19 to April 25. Below we offer some observations on these weekly claims data.
https://lao.ca.gov/LAOEconTax/Article/Detail/462

Judicial Branch Actions Responding to COVID-19

May 6, 2020 - (Existing law generally requires local rules to go into effect on January  1 or July 1 of each year and only after 45 days of public comment have occurred.) The rules must be posted prominently on the court ’s website and must be distributed to relevant stakeholders.
https://lao.ca.gov/Publications/Report/4227

Building Permits Update: March 2020 [EconTax Blog]

May 5, 2020 - The multifamily housing permit total of 3,767 was roughly equal to the March 2019 total, although well below the March average over the past five years. The single family permit total of 3,852 was only modestly below both the March 2019 figure and the 2015-2019 average for March, but it marked a sharp reversal from January and February when permits greatly exceeded the averages for those months.
https://lao.ca.gov/LAOEconTax/Article/Detail/461

Income Tax Withholding Tracker: April 27-May 1 [EconTax Blog]

May 1, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to average weekly decline experienced in March and April of 2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/460

Weekly Unemployment Claims Update: April 19-April 25 [EconTax Blog]

Apr 30, 2020 - Weekly Unemployment Claims Update: April 19-April 25 [EconTax Blog] Weekly Unemployment Claims Update: April 19-April 25 April 30, 2020 Chas Alamo Unemployment claims are a   useful indicator  of the health of the state’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/459

Federal COVID-19-Related Funding to California

Apr 28, 2020 - The first section describes funding allocated to public entities in the state, for example, the state government, local governments, other public entities like school districts and tribal governments.
https://lao.ca.gov/Publications/Report/4226

An Overview of Federal Higher Education Relief

Apr 28, 2020 - Specifically, 75  percent is allocated based on the number of full-time equivalent undergraduate students receiving Pell Grants and 25  percent is allocated based on the number of full-time equivalent undergraduate and graduate students not receiving Pell Grants.
https://lao.ca.gov/Publications/Report/4225

COVID-19 Fiscal Effects on Schools [Publication Details]

Apr 26, 2020 - COVID-19 Fiscal Effects on Schools [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4224

Income Tax Withholding Tracker: April 20-April 24 [EconTax Blog]

Apr 24, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to average weekly decline experienced in March and April of 2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/458

Weekly Unemployment Claims Update: April 12-April 18 [EconTax Blog]

Apr 23, 2020 - Over the last few weeks, search interest has decline modestly, but still remains significantly higher than at any other time in the last fifteen years, including during the worst of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/457