California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - The long-term unemployed now make up about 30 percent of all unemployed workers, up from 20 percent in 2023.     Average Length of Unemployment Spell Now Five Weeks Longer Than in 2023.   The figure below shows the average weeks of unemployment duration for workers who are currently unemployed.
https://lao.ca.gov/LAOEconTax/Article/Detail/839

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - The long-term unemployed now make up about 30 percent of all unemployed workers, up from 20 percent in 2023.     Average Length of Unemployment Spell Now Five Weeks Longer Than in 2023.   The figure below shows the average weeks of unemployment duration for workers who are currently unemployed.
https://lao.ca.gov/LAOEconTax/article/Detail/839

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - For example, to encourage a retailer to set up shop in a city, the city could refund half of the Bradley-Burns tax paid by the retailer. If retailers respond strongly to these rebates, then cities providing them could end up with higher revenues.
https://lao.ca.gov/Publications/Report/5074

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - If the fund averaged an annual return of 5  percent over the next 20 years, the $206.8  million would more than double to nearly $550  million. Suspending the state ’s contribution to prefund OPEB reduces costs today but contributes to a significant and growing unfunded liability and creates risk that the benefit will not be fully funded by 2048.
https://lao.ca.gov/Publications/Report/5058

Home building and downpayment assistance. [Ballot]

Oct 6, 2025 - To be eligible for a mortgage, lenders generally require homebuyers to provide a downpayment, which is an up-front lump sum —traditionally equal to about 20  percent of the sales price —toward the purchase of a home.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-013

Retail Theft in California: Looking Back at a Decade of Change

Jun 12, 2025 - For example, in May 2021, CDCR modified its regulations to allow people with convictions for violent crimes to earn up to 33.3  percent off of their sentence (an increase from 20  percent) for maintaining good behavior.
https://lao.ca.gov/Publications/Report/5055

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - DOF then submits the addendum to the Joint Legislative Budget Committee, which has up to 30 days to determine if it disagrees with DOF ’s determination that an agreement does or does not require legislative approval.
https://lao.ca.gov/Publications/Report/5073

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - The reduced amount of money invested in the trust fund will result in higher unfunded liabilities in the long-run. In most of the agreements, the state ’s contributions towards the benefit would be fully restored in 2027-28.
https://lao.ca.gov/Publications/Report/5064

California New Car Registrations: August 2025 [EconTax Blog]

Oct 7, 2025 - Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/840

California New Car Registrations: August 2025 [EconTax Blog]

Oct 7, 2025 - Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/article/Detail/840