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Inflation triggers California minimum wage increase in 2023 | The Journal Record

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Inflation triggers California minimum wage increase in 2023 | The Journal Record


Beginning wages are marketed on an indication in a window of a Taco Bell in Sacramento, Calif. Gov. Gavin Newsom’s administration has introduced that inflation will set off an computerized enhance in California’s minimal wage to $15.50 per hour subsequent yr. (AP photograph/Wealthy Pedroncelli)

SACRAMENTO, Calif. (AP) – California’s minimal wage will soar to $15.50 per hour subsequent yr, Gov. Gavin Newsom’s administration has introduced, a rise triggered by hovering inflation that may profit about 3 million employees.

The rise is required by a state regulation handed in 2016. But it surely comes at a very good time for Democrats within the nation’s most populous state as they rush to seek out methods to spice up taxpayers’ financial institution accounts in an election yr marked by rising costs which have diluted the buying energy of shoppers.

In a preview of his upcoming finances proposal, Newsom doubled down on his plan to ship as much as $800 checks to automotive house owners to offset this yr’s record-high gasoline costs regardless of opposition from Democrats within the Legislature. And he revealed a brand new proposal to ship at the very least $1,000 checks to 600,000 hospital and nursing dwelling employees in recognition of their harmful work all through the pandemic.

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It’s a part of a brand new spending proposal to place $18.1 billion into taxpayers’ pockets by means of a mix of rebates and help with hire, medical health insurance premiums and utility payments.

“We’re nonetheless general having a really robust financial restoration within the state from the COVID-19 recession,” California Division of Finance spokesman H.D. Palmer mentioned. “But it surely’s clear that we face numerous headwinds: gasoline costs stay excessive, meals costs are excessive due to inflation.”

California lawmakers voted to extend the minimal wage to $15 per hour in 2016, however the enhance was phased in over a number of years. In the present day, the minimal wage is $15 per hour for corporations with 25 or extra employees and $14 per hour for corporations with 25 or fewer staff.

The regulation says the minimal wage should enhance to $15.50 per hour for everybody if inflation elevated by greater than 7% between the 2021 and 2022 fiscal years. On Thursday, the California Division of Finance mentioned they mission inflation for the 2022 fiscal yr – which ends June 30 – will likely be 7.6% larger than the yr earlier than, triggering the rise.

Official inflation figures received’t be ultimate till this summer season. However the Newsom administration believes the expansion will likely be greater than sufficient to set off the automated enhance.

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California has about 3 million minimal wage employees, in accordance with a conservative estimate from the state Division of Finance. The rise within the minimal wage will likely be about $3 billion, or lower than 0.1% of the $3.3 trillion in private revenue Californians are projected to earn.

California Division of Finance Director Keely Martin Bosler mentioned the rise might trigger costs to leap for eating places, which have low revenue margins. However general, she mentioned the minimal wage enhance is “anticipated to have a really minimal influence on general inflation within the state’s economic system.”

The rise will influence smaller corporations essentially the most, which is able to see the minimal wage soar $1.50 in January. Kerry Jackson, a fellow on the conservative-leaning Pacific Analysis Institute’s Heart for California Reform, mentioned the rise might trigger some staff at smaller corporations to work fewer hours.





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Burn permits suspended in multiple Northern California counties as active fire season continues

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Burn permits suspended in multiple Northern California counties as active fire season continues


(FOX40.COM) — As California deals with an active fire season, multiple Northern California counties have suspended burn permits for outdoor residential burning beginning Monday, June 17.

The Cal Fire Amador-El Dorado Unit and the California Department of Forestry and Fire Protection Nevada-Yuba-Placer Unit said the areas included are Alpine, Amador, El Dorado, Sacramento, San Joaquin, Nevada, Yuba, Placer, and Sierra counties.

Cal Fire Amador said the new burn permit restrictions are in addition to those placed in other areas throughout Amador and El Dorado counties on June 10.

“This suspension takes effect Monday, June 17, 2024, at 8 am. and bans all residential outdoor burning of landscape debris such as branches and leaves,” Cal Fire said.

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It continued, “While outdoor burning of landscape debris by homeowners is no longer allowed, CAL FIRE is asking residents to take that extra time to ensure they are prepared for wildfires by maintaining a minimum of 100 feet of Defensible Space around every home and building on their property and being prepared to evacuate if the time comes.”

The announcement comes as Northern California has dealt with an active fire season, including a recent 800-acre fire in Sacramento, a 1,000-acre fire in Butte County, and a 14,000-acre fire in San Joaquin County before July 1.

Some tips offered by Cal Fire to help Californians prepare their homes and property for fires include:

  • Clear all dead and or dying vegetation 100 feet from around all structures.
  • Landscape with fire-resistant plants and non-flammable ground cover.
  • Find alternative ways to dispose of landscape debris like chipping or hauling it to a biomass energy or green waste facility.



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Six earthquakes hit Southern California in one week. Does that mean ‘The Big One’ is coming?

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Six earthquakes hit Southern California in one week. Does that mean ‘The Big One’ is coming?


In recent days, Southern California has experienced one earthquake after another. A 3.6 in Ojai on May 31. Two of a similar magnitude under the East Los Angeles area of El Sereno. Another three quakes near Newport Beach and Costa Mesa.

While these quakes were far weaker than historic temblors like the 6.7 Northridge Earthquake of 1994, which caused an estimated $20bn in damage and killed over 57 people, do they herald the arrival of the so-called Big One in a state sitting on multiple, highly active faultlines?

There’s the notorious 800-mile-long San Andreas, which runs from near the Mexico border, east past Los Angeles, then up the coast north of Sacramento.

Aykui Alaverdyan walks over rubble after taking some of her belongings from her Hollywood Boulevard apartment building in Hollywood, CA, 20 January 1994, which was destroyed in the Northridge earthquake (AFP via Getty Images)

Aykui Alaverdyan walks over rubble after taking some of her belongings from her Hollywood Boulevard apartment building in Hollywood, CA, 20 January 1994, which was destroyed in the Northridge earthquake (AFP via Getty Images)

Major quakes occur along the fault every 180 years or so, and the San Andreas hasn’t had a majorly powerful one since 1906. The US Geological Survey estimates it has a 60 percent chance of causing a magnitude 6.7 or greater in the Los Angeles area in the next 30 years.

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Of even greater concern is the Cascadia Subduction Zone, which runs from Northern California to British Columbia, Canada. It’s overdue for an even larger quake compared with historical averages.

So, are the recent earthquakes an ominous omen of something larger, or business as usual in a state with an estimated 35 quakes a day?

Earthquakes remain stubbornly difficult to predict in advance (Bay Area News Group 2022)Earthquakes remain stubbornly difficult to predict in advance (Bay Area News Group 2022)

Earthquakes remain stubbornly difficult to predict in advance (Bay Area News Group 2022)

The El Sereno quakes, for example, happened just under the Puente Hills thrust fault, which runs beneath downtown Los Angeles and Orange County. The 10-mile deep fault angles like a ramp and gets closest to the surface near the LA campus of the University of Southern California. If a quake along this fault hits the loose earth of the Los Angeles Basin, it could amplify the intensity of an earthquake by up to ten times compared to areas located on bedrock.

The Newport Beach-Costa Mesa temblors, meanwhile, took place near the Compton thrust fault, which could raise the LA River by up to 5 feet in a strong quake, wreaking havoc on city sewer systems. There have been six quakes above magnitude 7 along the fault in the last 12,000 years, according to geologists.

Scientists argue that instead of focusing solely on the largest quakes by magnitude, the key consideration is how much damage they could do to densely settled areas. The San Andreas, despite its famous reputation, runs for large sections through sparesly populated desert.

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“In some respects, the ‘big one’ in terms of damages and deaths would be ones running through town rather than one that’s a long distance away,” Dr. Pat Abbott, professor of geology emeritus at San Diego State University, told KSWB last year. “There’s the size of the earthquake, and then also where you are situated compared to where the fault’s moving.”

The San Andreas Fault is a tectonic boundary between the Pacific Plate, which is moving to the northwest at three inches each year and the North American Plate, heading south at about one inch per year. (AFP via Getty Images)The San Andreas Fault is a tectonic boundary between the Pacific Plate, which is moving to the northwest at three inches each year and the North American Plate, heading south at about one inch per year. (AFP via Getty Images)

The San Andreas Fault is a tectonic boundary between the Pacific Plate, which is moving to the northwest at three inches each year and the North American Plate, heading south at about one inch per year. (AFP via Getty Images)

He pointed to major quakes like the 1857 and 1906 San Andreas earthquakes, as well 1994’s Northridge earthquake, all of which were under the 8.0 magnitude contemplated in “Big One” scenarios but which still caused “horrendous” damage.

“Unfortunately, earthquake prediction remains an extremely challenging endeavor,” according to the California Governor’s Office of Emergency Services website. “While scientists can monitor fault lines and detect patterns of seismic activity, they cannot predict exact earthquakes reliably.”

Instead, scientists deal more in the realm of long-term probability, which can inform what high-risk areas can do to prepare for the day when the hard-to-predict prospect of a major quake arrives.

For instance, the USGS estimates that there’s a 72 per cent chance a 6.7 or greater magnitude quake will hit the San Francisco Bay Area in the next 30 years.

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Multiple fault lines run through or near major parts of the Los Angeles metropolitan area (Copyright 2024 The Associated Press. All rights reserved)Multiple fault lines run through or near major parts of the Los Angeles metropolitan area (Copyright 2024 The Associated Press. All rights reserved)

Multiple fault lines run through or near major parts of the Los Angeles metropolitan area (Copyright 2024 The Associated Press. All rights reserved)

Finding a greater level of precise prediction is the “holy grail” of earthquake science, University of Washington seismologist Harold Tobin wrote last year.

“Science has not yet found a way to make actionable earthquake predictions,” he wrote. “A useful prediction would specify a time, a place and a magnitude – and all of these would need to be fairly specific, with enough advance notice to be worthwhile.”

In the meantime, until that magic predictor code is unlocked, governments can push for preparedness measures like digital alert systems, practice drills, and building retrofits, while individual citizens are advised to have emergency kits in place and drop to their knees, cover their head and neck, and hold onto something stable when a quake begins.



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Michigan Pot Market Surpasses California in Sales Volume

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Michigan Pot Market Surpasses California in Sales Volume


Michigan has overtaken California as the largest cannabis market in the U.S., at least in terms of sales volume, according to data collected by multiple market intelligence firms. Both firms show Michigan surpassing California over the winter in cannabis product units sold.

Sales volume is the total number of units sold by a business over a specific period of time, such as units sold in a month, quarter, or year. A “unit” can mean several different things but in this case, it refers to a single or multipack cannabis item that is purchased, big or small.

But this is in terms of units, and California is still a larger cannabis market than Michigan in terms of dollars sold—by billions of dollars. California sold $5.1 billion in adult-use cannabis products in 2023, while Michigan sold about $3 billion in adult-use cannabis products.

Prices for cannabis products are much cheaper in Michigan compared with California due to recent oversupply issues in the Great Lakes State. That means that even if consumers buy more products in Michigan, the total amount they spend is less than what they’re paying in California.

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Detroit Free Press reports that since December 2022, Michigan has sold more total grams of flower and units of other cannabis products, called equivalent unit sales, in both the adult-use and medical cannabis markets compared with California, according to data collected by BDSA, a cannabis market intelligence firm that tracks sales via point-of-sale data from a panel of participating cannabis retailers.

But it’s not just BDSA making these claims: Headset, another cannabis market intelligence firm that’s recognized in the cannabis community, compiled data showing that Michigan sold more units than California. Headset defines units as a single item that a customer buys, such as a pre-rolled joint, a multipack of pre-rolled joints, an ounce or one gram, since June 2023. Headset’s data indicates that in May, Michigan sold 24.2 million units, compared to California selling 17.3 million units.

“There are a lot of issues on the ground in California … it’s always been expensive to do business there,” Michael Arrington, a principal analyst at Colorado-based BDSA, said on a BDSA market forecast update webinar in March.

According to BDSA data, Michigan sold 56.8 million equivalent units of cannabis products in April, compared with 44.6 million in California during the same month.

In terms of units sold, BDSA arrived at slightly different numbers than Headset, however both firms found that Michigan was selling more units of cannabis products than California in recent months, such as in February and March. Michigan’s unit sales first passed California’s in December, BDSA data shows.

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This could mean more Californians are buying in bulk or in larger units while Michiganders are buying cannabis in smaller units. 

In Michigan, prices for cannabis plunged after adult-use cannabis sales started because of an oversupply problem, which led to lower prices for consumers but tougher margins for cannabis retailers. 

Michigan Sales On Steady Climb

A recent set of data released by the Michigan Cannabis Regulatory Agency (CRA) shows that the state has once again set a new record for adult-use cannabis sales.

According to the CRA, the state collected $286.8 million in adult-use cannabis sales in March, which made up for 99% of all sales. In terms of product popularity, flower still reigns supreme with $131.4 million in sales. A total of $54.4 million was sold in vape cartridges, as well as $33.9 million in inhalable concentrates, and finally edibles at $26.3 million.

The CRA splits Michigan up into five distinct regions: upper lower/upper peninsula, mid lower, southwest, east/southeast, and Wayne.

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Among these regions, the east/southeast region collected the most in total adult-use cannabis sales with $128,929,767, followed by $79,432,048 in the southwest region, $31,845,920 in Wayne, $29,373,053 in upper lower/upper peninsula, and lastly, $17,209,468 in the mid lower area.

In total medical cannabis sales, the southwest area led with $141,535, followed by Wayne with $945,992, east/southeast with $809,515, upper lower/upper peninsula with $81,273, and finally mid lower with $79,695.

The latest figures leave more questions than answers. Michigan’s population is about a quarter of the size of California’s population, and California’s history of a medical and adult-use cannabis market stretches back further than Michigan’s. But the prices of pot play a large part in the outcome of units sold in both markets,

Michigan’s fifth anniversary of adult-use cannabis sales in the state is coming up, and the state is proving its viability, even compared to California’s enormous market.



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