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Economy and Taxes (3)
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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 - Rate of Low-Wage Work Declines Substantially From Ages 25 to 32. 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.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Over the last decade, two statutes —Chapter  351 of 2013 (AB  10, Alejo) and Chapter  4 of 2016 (SB  3, Leno) —gradually have increased California ’s statewide minimum wage from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878

An Update on California’s Cash Management Situation

Aug 31, 2020 - In fact, while the state has not used external borrowing for cash management since 2014, in the 32 years between 1983 and 2014 the state issued at least one RAN in every single year excep t two (1995 and 2000).
https://lao.ca.gov/Publications/Report/4266