The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - The precise timing and impact of Federal Reserve actions is unclear. Trade. Several recent developments have cast uncertainty over the terms of trade between the U.S. and other countries. The federal administration currently is renegotiating the North American Free Trade Agreement, an agreement that eliminates many barriers to the exchange of goods among the U.S., Canada, and Mexico.
https://lao.ca.gov/Publications/Report/3829

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - A recent shift away from claims against the corporate income tax and towards sales and use taxes is at least partially due to temporary restrictions placed on the use of tax credits as part of the 2020 ‑21 budget package.
https://lao.ca.gov/Publications/Report/5000

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - When organizations conduct surveys, many of the people they contact do not provide complete responses. Some decline to respond to the survey altogether ( “unit nonresponse ”), while others respond to most parts of the survey but decline to answer certain questions ( “item nonresponse ”).
https://lao.ca.gov/Publications/Report/4878/4

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Funding another round of California Competes grants could create jobs at a time when private sector job growth has been sluggish. However, we recommend viewing grants as a supplement to the California Competes tax credit rather than a core part of the program.
https://lao.ca.gov/Publications/Report/5018

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - If most low-wage jobs were stepping stones to higher-wage jobs, then we would expect most low-wage workers to be young. Cohort-Level Mobility Over Time. In the second approach, we use CPS data from 2002 through 2023 to track the how the rate of low-wage work changes over time for cohorts of workers born in the same year.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Weekly hours among part-time low-wage workers vary substantially, with many working less than half-time and many others working nearly full -time. Among Low-Wage Workers, Men More Likely to Work Full-Time Than Women.
https://lao.ca.gov/Publications/Report/4878/1

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - “The Effect of Minimum Wages on Low-Wage Jobs. ” The Quarterly Journal of Economics 134(3). Clemens, Austin, Kavya Vaghul, John Schmitt, and Will McGrew (2019). “Interactive: Comparing Wages Within and Across Demographic Groups in the United States. ” Washington Center for Equitable Growth.
https://lao.ca.gov/Publications/Report/4878/3

The 2018-19 Budget: California Hiring Tax Credits

Mar 15, 2018 - Make Part ‑Time Employment Eligible for a Credit. The proposed credit would only be available to employers that hire new full ‑time qualified employees. This requirement assumes that a full ‑time job is preferable to a part ‑time job when that may not always be the case.
https://lao.ca.gov/Publications/Report/3784

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - To the extent that tax avoidance could be a large part of the story, the size of the revenue loss highlights the importance of efforts to enforce tobacco tax laws. CDTFA ’s Enforcement Activities Spending on CDTFA ’s Tobacco Programs Has Declined.
https://lao.ca.gov/Publications/Report/4966

California’s Low-Wage Workers and Minimum Wage [Publication Details]

Mar 11, 2024 - The first part of this report describes low-wage workers' occupations, genders, races/ethnicities, birthplaces, household structures, educational attainment, and weekly hours. The second part focuses on low-wage workers' ages. The third part compares the statewide minimum wage to various benchmarks to assess whether it is high, low, or somewhere in between.
https://lao.ca.gov/Publications/Detail/4878