Connect with us

California

Why California is the only state with declining wages

Published

on

Why California is the only state with declining wages


”Survey says” seems at numerous rankings and scorecards judging geographic areas whereas noting these grades are finest seen as a mixture of clever interpretation and knowledge.

Buzz: A hiring spree within the low-wage leisure and hospitality {industry} possible brought about California to be the one state with a drop in common weekly wages this spring.

Source: My trusty spreadsheet reviewed quarterly employment knowledge taken from a federal research of employer employment filings. These stats are thought-about a extra correct snapshot of employment developments – employee counts and common weekly wages – than the extra broadly mentioned (and extra present) month-to-month jobs figures.

Advertisement

Topline

California’s common weekly wage dropped by $10 in a 12 months – or 0.6% – to $1,572 for the April-to-June quarter.  

Listed here are 36 the explanation why California’s so darn costly

The highest acquire nationally was in Idaho, up 8.5%, adopted by Vermont at 8.1%, Maine at 8%, Montana at 7.4% and Georgia and Utah at 7.2%.

The smallest wage positive factors, after California, have been present in New Hampshire at 0.4%, Washington state at 1.6%, the District of Columbia at 2% and Arkansas at 2.4%.

California’s key rivals Texas landed at No. 18 with a 6.1% improve, whereas Florida at No. 10 noticed a 6.5% acquire. Wages nationwide grew 4.3%.

Advertisement

Particulars

California bosses have been in a hiring temper this spring.

California added extra employees than any state – 950,000 in a 12 months. Then got here Texas at 649,000, New York at 453,000, Florida at 435,000, and New Jersey at 231,000. California accounted for 16% of the 5.77 million jobs added nationally.

Even with California being the nation’s largest job market, the hiring spree was spectacular. The state ranked No. 3 with a 5.6% development fee and topped the nation’s 4% enlargement.

Solely Nevada at 7.8% and New Jersey at 5.8% fared higher. Following California was Texas at 5.2%, New York at 5.1% and Florida at 5%.

And common weekly wages have been excessive in California. It ranked No. 4 at $1,572, topped solely by Washington, D.C., at $2,139, Massachusetts at $1,637, and New York at $1,587. Texas was No. 14 at $1,284 and Florida was No. 22 at $1,186. The nationwide wage was $1,294.

Advertisement

Backside line

It’s a good wager that California’s wage dip is basically because of the state’s late revival of its leisure and hospitality industries.

Keep in mind, these companies remained throttled by pandemic limitations properly into the center of 2021. And a hiring spree in low paying industries can depress a statewide common.

This federal jobs research has but to launch its industry-by-industry outcomes for the spring quarter. However for the 12 months led to March, California’s leisure and hospitality industries added 432,000 jobs – 30% development – equal to one-third of all California hires. Common wages have been $665 vs. $1,644 throughout all industries.

California wages rose at a 1% annual fee as of March, however take away the leisure and hospitality jobs and the speed rises to 2.3%.

This statistical debate apart, the surge in low-paying positions means California’s large job development has diminished financial clout. And meager pay in leisure and hospitality work raises all types of questions on how these workers can financially survive on this high-cost state.

Advertisement

To not point out how inflation wipes out wage positive factors in any respect pay ranges. California’s Shopper Worth Index was up 8.4% within the 12 months led to June.

Native-local

How the state’s 10 largest jobs market fared within the 12 months ending in June, by this math. Wages dipped in Bay Space counties …

Los Angeles County: $1,435 common weekly wage, up 2.5% in a 12 months with 241,967 new jobs or 5.7% development.

Orange County: $1,420 wage, up 2.3% in a 12 months with 78,523 new jobs or 5.1% development.

San Diego County: $1,420 wage, up 3.2% in a 12 months with 82,073 new jobs or 5.8% development.

Advertisement

Santa Clara County: $3,262 wage, down 7.1% in a 12 months with 50,809 new jobs or 4.8% development.

San Bernardino County: $1,092 wage, up 3.6% in a 12 months with 41,445 new jobs or 5.3% development.

Riverside County: $1,049 wage, up 2.3% in a 12 months with 44,410 new jobs or 5.8% development.

Alameda County: $1,730 wage, down 0.9% in a 12 months with 32,700 new jobs or 4.3% development.

Advertisement

San Francisco County: $2,897 wage, down 15.1% in a 12 months with 60,889 new jobs or 8.9% development.

Sacramento County: $1,387 wage, up 3.7% in a 12 months with 26,924 new jobs or 4% development.

San Mateo County: $2,888 wage, down 7.2% in a 12 months with 20,452 new jobs or 5.1% development.

Jonathan Lansner is the enterprise columnist for the Southern California Information Group. He might be reached at jlansner@scng.com

 

Advertisement

 



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

California

Dickies to say goodbye to Texas, hello to Southern California

Published

on

Dickies to say goodbye to Texas, hello to Southern California


FORT WORTH, Texas — Dickies is leaving Cowtown for the California coast, according to a report from the Los Angeles Times.

The 102-year-old Texas workwear brand, which is owned by VF Corp., is making the move from Fort Worth to Costa Mesa in order to be closer to its sister brand, Vans.


What You Need To Know

  • Dickies headquarters will be relocated from Texas to California, according to a Los Angeles Times report 
  • The workwear brand has operated in Fort Worth since 1922
  • The report says the movie will occur in May 2025 and affect about 120 employees 
  • Dickies headquarters is being moved by owner VF Corp. so that it can be closer to its sister brand, Vans

Dickies was founded in Fort Worth in 1922 by E.E. “Colonel” Dickie. Today, Dickies Arena is the entertainment hub of the city and home of the Fort Worth Stock Show and Rodeo.

The company is expected to make the move by May. Approximately 120 employees will be affected, the report said.

By moving one of its offices closer to the other, VF Corp. says it can “consolidate its real estate portfolio,” as well as “create an even more vibrant campus,” Ashley McCormack, director of external communications at VF Corp. said in the report.

Advertisement

Dickies isn’t the only rugged brand owned by VF Corp. The company also has ownership of Timberland, The North Face and JanSport.

VF Corp. acquired Dickies in 2017 for $820 million. 

“Their contributions to our city’s culture, economy and identity are immeasurable,” District 9 City Council member Elizabeth Beck, who represents the area of downtown Fort Worth where Dickies headquarters is currently located, said in a statement to the Fort Worth Report. “While we understand their business decision, it is bittersweet to see a company that started right here in Fort Worth take this next step. We are committed to supporting the employees who remain here and will work to honor the lasting imprint Dickies has left on our community.”



Source link

Advertisement
Continue Reading

California

Caitlyn Jenner says she'd 'destroy' Kamala Harris in hypothetical race to be CA gov

Published

on

Caitlyn Jenner says she'd 'destroy' Kamala Harris in hypothetical race to be CA gov


Caitlyn Jenner, the gold-medal Olympian-turned reality TV personality, is considering another run for Governor of California. This time, she says, if she were to go up against Vice President Kamala Harris, she would “destroy her.” 

Advertisement

Jenner, who publicly came out as transgender nearly 10 years ago, made a foray into politics when she ran as a Republican during the recall election that attempted to unseat Gov. Gavin Newsom in 2021. Jenner only received one percent of the vote and was not considered a serious candidate. 

Jenner posted this week on social media that she’s having conversations with “many people” and hopes to have an announcement soon about whether she will run. 

Caitlyn Jenner speaks at the 4th annual Womens March LA: Women Rising at Pershing Square on January 18, 2020 in Los Angeles, California. (Photo by Chelsea Guglielmino/Getty Images)

Advertisement

She has also posted in Trumpian-style all caps: “MAKE CA GREAT AGAIN!”

As for VP Harris, she has not indicated any future plans for when she leaves office. However, a recent poll suggests Harris would have a sizable advantage should she decide to run in 2026. At that point, Newsom cannot run again because of term limits. 

Advertisement

If Jenner decides to run and wins, it would mark the nation and state’s first transgender governor.  



Source link

Continue Reading

California

Northern California 6-year-old, parents hailed as heroes for saving woman who crashed into canal

Published

on

Northern California 6-year-old, parents hailed as heroes for saving woman who crashed into canal


LIVE OAK — A six-year-old and her parents are being called heroes by a Northern California community for jumping into a canal to save a 75-year-old woman who drove off the road. 

It happened on Larkin Road near Paseo Avenue in the Sutter County community of Live Oak on Monday. 

“I just about lost her, but I didn’t,” said Terry Carpenter, husband of the woman who was rescued. “We got more chances.” 

Terry said his wife of 33 years, Robin Carpenter, is the love of his life and soulmate. He is grateful he has been granted more time to spend with her after she survived her car crashing off a two-lane road and overturning into a canal. 

Advertisement

“She’s doing really well,” Terry said. “No broken bones, praise the Lord.” 

It is what some call a miracle that could have had a much different outcome without a family of good Samaritans. 

“Her lips were purple,” said Ashley Martin, who helped rescue the woman. “There wasn’t a breath at all. I was scared.” 

Martin and her husband, Cyle Johnson, are being hailed heroes by the Live Oak community for jumping into the canal, cutting Robin out of her seat belt and pulling her head above water until first responders arrived. 

“She was literally submerged underwater,” Martin said. “She had a back brace on. Apparently, she just had back surgery. So, I grabbed her brace from down below and I flipped her upward just in a quick motion to get her out of that water.” 

Advertisement

The couple said the real hero was their six-year-old daughter, Cayleigh Johnson. 

“It was scary,” Cayleigh said. “So the car was going like this, and it just went boom, right into the ditch.” 

Cayleigh was playing outside and screamed for her parents who were inside the house near the canal.

I spoke with Robin from her hospital bed over the phone who told us she is in a lot of pain but grateful.

“The thing I can remember is I started falling asleep and then I was going over the bump and I went into the ditch and that’s all I remember,” Robin said. 

Advertisement

It was a split-second decision for a family who firefighters said helped save a stranger’s life. 

“It’s pretty unique that someone would jump in and help somebody that they don’t even know,” said Battalion Chief for Sutter County Fire Richard Epperson. 

Robin is hopeful that she will be released from the hospital on Wednesday in time to be home for Thanksgiving. 

“She gets Thanksgiving and Christmas now with her family and grandkids,” Martin said. 

Terry and Robin are looking forward to eventually meeting the family who helped save Robin’s life. The family expressed the same feelings about meeting the woman they helped when she is out of the hospital. 

Advertisement

“I can’t wait for my baby to get home,” Terry said. 



Source link

Continue Reading

Trending