California economy Archives - Page 2 of 2

California Unemployment Rate Almost 20%

April 30, 2020 7:37 pm

On Thursday, new figures released by the US Department of Labor showed that around 3.7 million Californian workers have filed for unemployment during the last seven weeks due to the coronavirus outbreak, a total close to 20% of workers in...

Governor Newsom Introduces Plan for Coronavirus Restriction Removal

April 14, 2020 2:38 pmApril 15, 2020 6:15 am

On Tuesday, Governor Gavin Newsom, joined by Department of Public Health Director Sonia Angell, outlined the steps that California needs to take to return to normal following the COVID-19 coronavirus lockdown. Six phases and six indicators The Governor laid out...

California’s Credit Rating Moves Up, Signaling Further Economic Stability And Growth

October 17, 2019 2:34 amOctober 17, 2019 10:31 am

According to Moody’s Investors Service, California’s credit rating has moved up for the first time in five years. The “general obligation bond” rating went from a Aa3 rating to a Aa2 rating, finally moving California ahead of several states to their...

CG Interview: California Rep. Tom McClintock Warns About One Party Seizing Control of Elections Process

July 26, 2019 2:12 pmJuly 30, 2019 10:16 am

“A house divided against itself cannot stand.” Following California Globe’s interview July 22, with U.S. Representative Tom McClintock (R-CA), he played a major role in the House Judiciary Committee hearing July 24, and questioned White House Special Counsel Robert...