We’ll be hearing a whole lot of buzz about wage parity this year — in part because groundbreaking research conducted by New York University, University of Pennsylvania and the University of Haifa in Israel identifies flat-out gender bias as the elephant in the room affecting wage parity. This new study, titled “Occupational Feminization and Pay,” is the single most comprehensive study on wage parity in the U.S. to date.
It’s possible that — at least until the next technological revolution or wave of globalization — there just isn’t a new frontier on the immediate horizon. If that’s the case, maybe the U.S. should shift from extensive growth to intensive growth.
Sacramento’s health care sector is booming. What does that mean for local spending and jobs?
Of the four largest private employers in the region, three of them are health systems — Kaiser (10,000 employees), Sutter (9,000) and Dignity Health (7,000). And whether it’s a new trend, a bit of gender-equity karma or just a wonderful coincidence, in this critical sector of the economy, all four of the region’s health centers are led by female executives.
A series of technical, financial and regulatory innovations have spurred the Golden State’s solar revolution thus far, but it’s still in its infancy. If California truly wants to unlock solar’s potential for the economy and environment, electricity providers and regulators will have to work together to create a cleaner, more resilient grid.
California has reached a deal to raise its statewide minimum wage to $15 an hour. This would certainly be a breathtakingly broad political experiment. The question is whether it will turn into a breathtaking disaster.
Today’s jobs report confirms much of what we already know: Workers are finding employment at a steady but unspectacular rate, private-sector job creation is good but not great, hours worked are ever so slowly ticking up and wage increases are pretty much nonexistent.
If there is any advice businesses can glean from the often surprising research and real life stories about our oddly emotional connection to tipping, it’s this: Don’t mess if you don’t have to.
California Governor Jerry Brown proposed a $123 billion general-fund spending plan for the next fiscal year, a 6 percent increase over the current budget and the largest ever as state coffers overflow with surging tax revenue.
I’ve been thinking a lot about a 3-year-old book in recent days- — even more so in the aftermath of the recent study mission to Chicago. The book is Brad Feld’s Startup Communities — a how-to manual for building vibrant, connected communities of innovative companies and entrepreneurs.
Policy makers are responding to the cries of parents who are forced to choose between paying childcare bills, which have climbed more than twice as fast as overall inflation since the end of 1990, or foregoing work. The soaring costs crowd out other forms of household spending, distorting the biggest part of the U.S. economy.
California State Senator Holly Mitchell can be an imposing figure. While most people presume that term evokes physicality, it is Mitchell’s intellect and passion for defending those she believes have little or no voice in the political process that make her such a formidable figure around the Capitol. We talked with her about her effort to turn that passion into policy.
Airbnb fought off a San Francisco ballot measure that sought to limit the short-stay rental service in its hometown, an effort to contain housing costs that some say has made the city a playground for well-heeled techies.
Most people look at the civil unrest recently seen in places like Ferguson and Baltimore as strictly a matter of law and order. But to California state Sen. Holly Mitchell, those events are the inevitable result of a long-simmering frustration within much of the African-American community — not only at what they see as heavy-handed treatment of young black men by police, but of a general shortage of economic opportunities available to communities of color.
American-made products are in greater demand internationally, opening up another revenue stream for businesses that want to export. PASCO Scientific, an American manufacturer of lab equipment for hands-on STEM education, has expanded its business through export opportunities.
In California, higher state and local minimum wages are contributing to some owners’ decisions to sell businesses, said Bob House, general manager of the San Francisco-based brokerage BizBuySell. The company listed 2,296 businesses for sale in metropolitan Los Angeles between March and June, compared with 2,136 in the same period a year earlier.
Governor Jerry Brown convinced voters in 2012 they had to raise taxes if they wanted to avoid Draconian cuts to schools. It was temporary, he said. Now, as state coffers are heavy with surplus revenue, advocacy groups and organized labor want to keep the levies in place.
Trends in politics take hold as quickly as those in fashion, and minimum wage increases are definitely “in” this political season. But unlike in the past when Capitol Hill and state legislatures served as battlegrounds for minimum wage debates, cities are now the epicenter. Buoyed by increases enacted in a handful of megacities, American municipalities of all sizes have started asking whether they should follow suit, and if so, to what degree.
The battle between rooftop solar and utilities is moving into California’s statehouse.