*From LocalIntel Economic Development California’s metropolitan areas continue their road to recovery by adding 30,100 manufacturing jobs last month. Using Localintel’s free and publicly accessible Industry Job Tracker, this report provides 7 observations highlighting changes in manufacturing employment levels for the state’s metro areas. At the time of writing, the Tracker draws on the data from [...]
This Employer Playbook provides guidance for employers to help them plan and prepare for reopening their business and to support a safe, clean environment for workers and customers. The guidance and links in each section are provided to give employers the tools they need to open safely and mitigate risks associated with COVID-19. The guidance is not intended to revoke or repeal any worker rights, either statutory, regulatory or collectively bargained, and is not exhaustive, as it does not include county health orders, nor is it a substitute for any existing safety and health-related [...]
Read CALED’s State Budget Update and See how CA’s Approved State Budget Impacts Economic Development
Read Full State Budget Update here. Appreciation and thanks is extended to CALED’s Strategic Legislative Advisor Dan Carrigg for his work reviewing the budget and providing this information.
*from Clearancejobs.com "According to new research from the Brookings Institution, about 90% of growth in high-tech jobs was concentrated on five cities: Boston, San Francisco, San Jose, Seattle and San Diego. The Washington, D.C.-based think tank found that these metropolitan areas accounted for nearly all of the nation’s innovation-sector growth from 2005 to 2017. Brookings [...]
*Provided by Fortune.com "Among the many benefits, the initiative allows investors to defer tax on capital gains by investing in Qualified Opportunity Funds (QOF), vehicles organized specifically for injecting money into designated Opportunity Zones. Additionally, the longer an investment is held in a QOF, the lower the capital gains tax liability. Through step-up of basis [...]