Earlier this week, we released our annual Labor Day report, taking a look at the latest employment and wage trends, what they mean for workers and their families, and some key implications for public policy.
Beyond Recovery: Making the State’s Economy Work Better for Low- and Mid-Wage Californians shows that while our state has regained the number of jobs it lost during the Great Recession, the current economic expansion follows decades of wage stagnation that has meant diminished opportunities for many California workers. The report also shows that low-wage earners account for a growing share of the state’s workers overall.
In sum, Beyond Recovery underscores that simply recovering from the Great Recession will not be enough to ensure a mix of jobs that makes broad-based economic growth possible. The report highlights a number of ways that state policymakers could help broaden economic opportunity for California’s workers and their families. These include investing in services that help Californians find and keep stable employment, broadening access to high-wage careers by rebuilding support for California’s public higher education system, and ensuring that low-wage jobs pay adequate wages.
Our Labor Day report received media attention across the state. Midday Edition on KPBS in San Diego featured a segment on the report, during which CBP Policy Analyst Luke Reidenbach, the report’s author, discussed its key findings. The report also received coverage in the Los Angeles Times, San Francisco Chronicle, Sacramento Bee, Central Valley Business Times, Inland News Today, and others. (Read our full press release.)
In the coming weeks and months, look to this blog and our website for further commentary on California’s economy and labor market and how state budget and policy choices can lay the groundwork for greater economic opportunity across the wage spectrum.
— Steven Bliss