Category: Clips
Millennials optimistic about future but down on present economy
Long Beach City Council member Rex Richardson speaking at Millennial Economic Summit in Los Angeles this week. (Photo Credit: John Guenther) At an event on millennials and the economy this week, Long Beach City Council member Rex Richardson pointed out that his generation is made of the first-ever "digital babies." "I'm on the older end…
How drought’s economic impact on California agriculture is a wake-up call
(Photo Credit: kerinin/Flickr) The drought of 2014 will cause California's agricultural economy to take $1.5 billion hit. While a new UC Davis report shows how the sector's resilience has prevented a more catastrophic number, it also makes the case that agriculture can't afford the state's water systems to be run year after year in emergency…
California businesses ally to ensure robust water policy
Tuolumne River in Yosemite, CA. (Photo Credit: Don J. Schulte/Flickr) If you're looking for a high-profile manufacturer that for sure depends on water, New Belgium Brewing seems like a good one to highlight. As they say on the advocacy page, "You can't make great beer without clean water." And that sounds like a pretty good…
Wanted: Skilled workers for California’s manufacturing comeback
3D printing workstation. (Photo Credit: Nicolás Boullosa/Flickr) When podcaster Adam Carolla, whose father worked for the Lockheed Skunk Works, kicked off a manufacturing event this week, he started with his own personal story of being a ceramics major in high school and afterward working a series of low-paying jobs. "Somebody should have tapped me on the…
College report and Toyota news place California economy at crossroads
Lt. Gov. Gavin Newsom speaking at Long Beach City College. (Photo Credit: John Guenther) In the week following the Toyota relocation news, California saw a good amount of hand-wringing, followed by finger-pointing at reasons for the move. Whichever reason is given, it still should add fuel to the resistance to do things in the same…
Report: California’s aerospace industry bigger than Hollywood
Boeing's C-17 Globemaster plant in Long Beach, CA will shut down production in 2015. (Photo credit: Greg Bishop) What's nearly invisible but bigger than California's agriculture and entertainment industries combined? It's the state's aerospace industry. That's the story coming from a new economic impact report trying to show how aerospace is a massive but endangered species…
Paying for California water action plan beyond the drought
California Aqueduct. (Photo Credit: sfbaywalk/flickr) Released today, Governor Jerry Brown's final version of a five-year "Water Action Plan" lays out something most people involved in the contentious water issue can agree on: finding new, smart ways to navigate the choppy waters of long-term financing is vital to the California economy. While the twin Delta tunnels…
Shot & Edited: Medical school gives Inland Empire economy a shot in the arm
Economic recovery throughout California has been an uneven experience. Unemployment rates for coastal communities have dipped, many below the state’s unemployment rate of 8.3 percent. It’s a much different story when you travel inland where unemployment rates remains in the double digits. Riverside and San Bernardino Counties, also known as the Inland Empire, are no…
Edited & Shot: Moving into middle class by making things
There’s no arguing the facts: Manufacturing, in California, is a huge element of the state’s economy. According to the state’s Employment Development Department, there are more than 360,000 workers in the industry, in Southern California alone. California Governor Jerry Brown and GO-Biz have made manufacturing a priority. Brown signed two bills designed to help manufacturing,…
I also edited this! A Tale of California’s Two Economies
Originally published on CAeconomy. California is an economy of regions—from the north to the south—from the inland to coastal communities—California’s regional economies are diverse. When the recession hit in 2008, no region was exempt. Five years later, the state’s economy is improved, but not every region has bounced back in the same way. In fact,…