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Golden State Promise and California Business Roundtable Announce Strategic Partnership for 2026 Election Cycle

Coordinated, complementary, and comprehensive effort to protect California’s economy and address cost-of-living challenges...
California's economic and jobs recovery data raises red flags for the business community.
Broad-based business community support Insurance Commissioner Lara's ongoing commitment to his sustainable insurance strategy following devastating Los Angeles area fires.
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
The diverse and broad-based California business community has issued the following statement today in response to the newly announced partnership between the State of California and NVIDIA

Latest News from the Center for Jobs

Latest on what is driving California’s economy, job growth, and other key indicators. Get updates straight to your inbox at [email protected]

Special Report: California Becomes 4th Largest Economy as Japan’s Economy Slowed in 2024

In the latest data from International Monetary Fund (IMF), California—if it was treated as a separate economy—moved from 5th largest in the world to 4th largest as Japan’s economy contracted. However, Japan is projected to resume growth at 4% in 2025, while India is projected to continue moving up the ranks with 7% growth....
The trade statistics in May once again reflect more shifts in policy around tariffs rather than economic fundamentals.
In the latest data from International Monetary Fund (IMF), California—if it was treated as a separate economy—moved from 5th largest in the world to 4th largest as Japan’s economy contracted. However, Japan is projected to resume growth at 4% in 2025, while India is projected to continue moving up the ranks with 7% growth.
In July, California average residential electricity jumped to 10th highest among the contiguous states, compared to 9th lowest in 2010. Electricity rates across all three primary end users as well as the cost of fuels remained the highest in the contiguous states.
The August trade data again showed strong results for California and its ports as shippers continued to surge activity ahead of pending tariffs and the then-threatened East/Gulf labor actions. Origin exports rose 9.9% in nominal terms compared to prior year. Total trade activity through the state’s ports was up 13.6%, with the strongest gains in imports.
California’s Real GDP grew by 2.8% in the second quarter (annualized change from the previous quarter), just below the 3.0% growth for the US overall and 27th highest among the states.
The August numbers were positive but at relatively modest levels. Although revisions to the July numbers show stronger growth that month, nonfarm wage and salary jobs grew by only 6,800 in August, the 8th highest level among the states. Employment gains were 8,700.