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


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California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Strengths and Weaknesses of Data Sources Primary Data Source: Monthly Current Population Surveys (CPS). Most of the estimates in our posts use data from the outgoing rotation groups from the Basic Monthly CPS.
https://lao.ca.gov/Publications/Report/4878/4

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In the second approach, we use CPS data from 2002 through 2023 to track the how the rate of low-wage work changes over time for cohorts of workers born in the same year. Limitations of Survey-Based Estimates.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - (In the CPS, roughly 4  percent of California ’s low-wage workers indicate that they hold multiple jobs. Some research suggests that CPS respondents likely underreport independent contracting work.) Weekly hours among part-time low-wage workers vary substantially, with many working less than half-time and many others working nearly full -time.
https://lao.ca.gov/Publications/Report/4878/1

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Minimum Wage as Policy to Address Inequality In this section, we use data from the monthly Current Population Surveys (CPS) from January 2022 through December 2023 to estimate three measures of wage inequality.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943