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Economy and Taxes (42)
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Results in Economy and Taxes from the past 5 years


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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - All three of these changes could have contributed to the trend shown in Figure  2 if (1)  The 25  percent rule was favoring smaller businesses above better-qualified applicants from larger firms, (2)  larger businesses provide better evidence on how the credit affects their decision-making, and (3)  larger firms are more likely to have, or participate in, job training programs.
https://lao.ca.gov/Publications/Report/5162

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a net increase of $5  million (3  percent) over the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets.
https://lao.ca.gov/Publications/Report/5081

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For Low-Wage Workers, Gender Wage Gap Around 5  Percent to 10  Percent. As shown in Figure  4, we estimate the wage gap between California ’s male and female low-wage workers to be around 5  percent to 10  percent.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - The  state entered the pandemic with about $3  billion of reserves in the UI trust fund. This was not nearly enough to cover the heightened benefit costs that occur during a normal recession, let alone one of this scale, in which about 1 in 5 California workers would eventually receive UI benefits.
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We consider five different specifications of the model for Figures 3 and 7, and four different specifications for Figures 4, 5, and 6. All specifications for the wage gaps between specific demographic groups include the indicators for those demographic groups.
https://lao.ca.gov/Publications/Report/4878/4

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We list some of these policies in Figure  1 below. Figure 1
https://lao.ca.gov/Publications/Report/4878

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  5, roughly half of low-wage workers work at least 40 hours per week at their primary jobs. (In the CPS, roughly 4  percent of California ’s low-wage workers indicate that they hold multiple jobs.
https://lao.ca.gov/Publications/Report/4878/1

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  3, our estimates suggest that the share of workers in low-wage jobs declines by more than one-third between the ages of 25 and 32. This decline suggests that a substantial share of workers spend just a handful of years in low-wage jobs before moving on to mid-to-high-wage jobs.
https://lao.ca.gov/Publications/Report/4878/2

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Focusing on these areas, Figure  3 displays the distribution of rebate payments across jurisdictions, weighted by the number of residents. One-sixth paid less than $1 per resident. Another two-thirds paid $1 to $20 per resident.
https://lao.ca.gov/Publications/Report/5074