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

Jun 24, 2025 - Newest Revision  Shows State Added No Jobs from September Through December 2024.   Based on the most recent release of the early benchmarks, shown in the figure below, the monthly business survey appears to have overestimated job growth by 100,000 jobs.
https://lao.ca.gov/LAOEconTax/article/Detail/833

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

Jun 24, 2025 - Newest Revision  Shows State Added No Jobs from September Through December 2024.   Based on the most recent release of the early benchmarks, shown in the figure below, the monthly business survey appears to have overestimated job growth by 100,000 jobs.
https://lao.ca.gov/LAOEconTax/Article/Detail/833

Annual Revision to Monthly Jobs Survey Shows Far Fewer Job Gains in 2024 [EconTax Blog]

Mar 21, 2025 - One important exception is that revisions tend to be more meaningful during economic downturns, with monthly survey estimates often overstating the number of jobs.   Recent Rebenching Shows State Added Far Fewer Jobs Than Originally Thought.  
https://lao.ca.gov/LAOEconTax/Article/Detail/825

Annual Revision to Monthly Jobs Survey Shows Far Fewer Job Gains in 2024 [EconTax Blog]

Mar 21, 2025 - One important exception is that revisions tend to be more meaningful during economic downturns, with monthly survey estimates often overstating the number of jobs.   Recent Rebenching Shows State Added Far Fewer Jobs Than Originally Thought.  
https://lao.ca.gov/LAOEconTax/article/Detail/825

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

Sep 30, 2025 - August Jobs Report Suggests State 's Labor Market Remains Soft. According to the monthly business survey, the state added 4,000 jobs in August and the July report was revised down from +15,000 to -300.
https://lao.ca.gov/LAOEconTax/article/Detail/839

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

Sep 30, 2025 - August Jobs Report Suggests State 's Labor Market Remains Soft. According to the monthly business survey, the state added 4,000 jobs in August and the July report was revised down from +15,000 to -300.
https://lao.ca.gov/LAOEconTax/Article/Detail/839

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

May 2021 Jobs Report [EconTax Blog]

Jun 18, 2021 - The survey reflects job changes through the week of May 9 to May 15. California accounted for 18.7 percent of the national estimate of 559,000 net jobs gained in May, well above its 11.5 percent of the nation’s total payroll jobs as of February 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/667

Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog]

Dec 16, 2024 - Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog] Data Revisions Shows Monthly Survey Again Overstating Job Growth December 16, 2024 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/Article/Detail/818

Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog]

Dec 16, 2024 - Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog] Data Revisions Shows Monthly Survey Again Overstating Job Growth December 16, 2024 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/article/Detail/818