The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In other words, there is no explicit downside risk of making the award. …But Also Indicates a Possible Trade-Off. However, there is a potential trade-off when considering awarding a credit to an applicant with a higher potential benefit to the state but a lower probability of achieving their milestones, compared to an applicant with a lower benefit but who is more likely to achieve their milestones.
https://lao.ca.gov/Publications/Report/5162

Fixing Unemployment Insurance

Dec 2, 2024 - In other words, paradoxically, businesses ’ improving reserve balances moved them to lower tax rate rungs within the F+ schedule, which had the effect of lowering state UI tax rates, as shown in Figure  5 .
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In other words, we estimate the 10 th percentile hourly wage for men to be roughly 5  percent to 10  percent higher than the 10 th percentile hourly wage for women. This wage gap is smaller than national estimates, though still substantial.
https://lao.ca.gov/Publications/Report/4878/3

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In particular, its accuracy depends on the assumption that outcomes for nonrespondents are “conditionally missing at random. ” In other words, if the method used to construct the weights misses major systematic differences between respondents and nonrespondents, then the resulting estimates potentially can be quite inaccurate.
https://lao.ca.gov/Publications/Report/4878/4

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - Prior to 2003, the majority of the state ’s economic development programs were housed within the Technology, Trade, and Commerce Agency. The 2003 ‑04 Budget Act abolished the agency and state funding for many of its programs designed to encourage economic development.
https://lao.ca.gov/Publications/Report/4529

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - In other words, opportunity costs are the answer to the question: What other state programs would have been funded if the stimulus program had not been created and what would have been the benefits of those other programs?
https://lao.ca.gov/Publications/Report/4331

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - However, the notice wording may encourage businesses to respond. The notice states “ACTION REQUIRED ” and “Failure to respond may result in an increased employment tax rate and employer penalties. ” As a result, businesses may respond to the notices when they do not dispute the claim, causing unnecessary delays.
https://lao.ca.gov/Publications/Report/4615