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The hiring freezes and layoffs in turn drive an additional downturn,” said Michael Bernick, who used to run the state’s unemployment agency and is now an employment attorney with Duane Morris LLP.
In a grim sign for the state, California is projected to see a $58 billion shortfall in revenue collection over the course of three fiscal years, from 2022-23 to 2024-25, according to a report ...
^SPX data by YCharts.. Take a look at those gray areas. The S&P 500 fell sharply in nearly every one of them. In most cases, the index began to drop before the recession started.
With a potential recession looming, California faces an estimated $25-billion deficit. Lower spending on transportation, housing and education could help close the gap.
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Economy of Riverside County — part of the Greater Los Angeles Area and Inland Empire economy in Southern California. Subcategories This category has the following 7 subcategories, out of 7 total.
News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...
Tourist attractions in Riverside, California (5 C, 9 P) Pages in category "Economy of Riverside, California" The following 3 pages are in this category, out of 3 total.