Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog]

Jun 24, 2025 - For context, the monthly survey has overestimated net job growth by 25,000 jobs per month on average over this period. In light of this, our office now focuses on a hybrid measure of real-time employment changes  that averages the monthly business survey and the monthly household survey (which has tracked final jobs figures more
https://lao.ca.gov/LAOEconTax/Article/Detail/833

Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog]

Jun 24, 2025 - For context, the monthly survey has overestimated net job growth by 25,000 jobs per month on average over this period. In light of this, our office now focuses on a hybrid measure of real-time employment changes  that averages the monthly business survey and the monthly household survey (which has tracked final jobs figures more
https://lao.ca.gov/LAOEconTax/article/Detail/833

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - In 2022-23, the state paid $25.5 billion (all funds) towards employee salaries. Salary-Driven Benefits. A salary-driven benefit is a benefit whose value is, at least in part, dependent on an employee ’s salary.
https://lao.ca.gov/Publications/Report/5047

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

The 2025-26 Budget: EDDNext

Feb 25, 2025 - Integrated Contact Center This project seeks to modernize the department ’s contact center through (among other improvements) additional self ‑service options, enhanced voice recognition, and multi ‑language functionality.
https://lao.ca.gov/Publications/Report/4985

The 2025-26 Budget: California State University

Feb 25, 2025 - However, the Center shared that it is difficult for fellows to work another job given the rigor and full ‑time work required by the program. Fellows May Receive Some Additional Financial Assistance. Though it is challenging for Fellows to work another job during their time in the program, they can apply for a small amount of additional financial assistance through the Timothy A.
https://lao.ca.gov/Publications/Report/4989

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - (We note that average monthly base pay is an imperfect metric to gauge effects of inflation as it reflects growth in salary from salary increases as well as seniority as people move up their job classification’s salary range.)
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Jun 27, 2025 - The agreement would establish PLP 2025 for full-time and part-time employees represented by Unit 12 in 2025-26 and 2026-27. During PLP 2025, Unit 12 members ’ pay would be reduced by 3  percent in exchange for five hours of PLP 2025 leave credit each month.
https://lao.ca.gov/Publications/Report/5060

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

Jul 14, 2025 - As a GSI, this pay increase will apply to all steps of all Unit 16 job classifications ’ salary ranges. 2027-28: 3.5  Percent Top Step Increase. Effective July 1, 2027, the agreement would increase the top step of all Unit 16 job classifications ’ pay ranges by 3.5  percent.
https://lao.ca.gov/Publications/Report/5064

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - As a GSI, the pay increase adjusts all steps of all salary ranges of all job classifications represented by Unit 9. 2026-27: Special Salary Adjustments (SSAs) to Top (4.5  Percent) and Bottom Steps (2  Percent).
https://lao.ca.gov/Publications/Report/5061