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California Workers with Less Education, People of Color, and Immigrants are Shouldering the Economic Burden of COVID-19

Millions of Californian workers are shouldering the burden of the COVID-19 economic slowdown, but workers with less education, people of color, and immigrants face the greatest financial risk, according to two new reports from the California Budget & Policy Center. The loss of jobs – evidenced by the record number of Californians who have recently filed for unemployment insurance – and cuts to work hours hit some households especially hard, and struggling to pay for food and rent during the pandemic is exacerbated by the economic, educational, and racial inequities many California workers already faced.

First Look: A Budget Center Analysis of the Proposed 2020-21 Budget

A Budget Center Analysis of Governor Newsom's Proposed 2020-21 Budget: On January 10, Governor Gavin Newsom released his proposed 2020-21 budget that advances a series of commitments to some of the most pressing needs facing Californians: addressing homelessness and behavioral health, providing access to affordable health coverage, and improving paid family leave so that more workers can care for their family members. The Governor forecasts revenues that are $5.8 billion higher (over a three-year “budget window” from 2018-19 to 2020-21) than previously projected in the 2019-20 budget enacted in June, driven largely by continued economic growth.

California Budget

California’s Workers Are Increasingly Locked Out of the State’s Prosperity

It’s hard work to be able to afford to live, raise a family, and eventually retire in California, especially for workers with low or moderate incomes. While the plight of these workers has never been easy — and workers who are black, Latinx, or women experience some of the greatest economic disadvantages and discrimination in the workplace — research shows that wages and benefits have significantly eroded for many Californians in recent decades. Many workers are being paid little more today than workers were in 1979 even as worker productivity has risen.

Poverty & Inequality

California Should Extend Tax Credits to Immigrant Families and Communities

State policymakers have significantly expanded California’s Earned Income Tax Credit — the CalEITC — since the credit was first enacted in 2015. However, hundreds of thousands of immigrant families are excluded from benefiting from the CalEITC as well as from California’s new Young Child Tax Credit, which is tied to CalEITC eligibility.

Poverty & Inequality

Income Inequality Significantly Increased for Californians in 2018

New Census figures released today show rising income inequality across the state and millions of California residents who are struggling to get by on extremely low incomes, while higher-income households experienced more income growth. Even as the latest figures also show there is a decline in the official poverty rate in California, these findings underscore the need for policymakers to ensure that the benefits of California’s strong economy and recent economic growth are shared among all Californians.

Poverty & Inequality

New Census Figures Show Many Californians Struggle to Afford Basic Needs

Approximately 7.1 million Californians lived in poverty each year from 2016 to 2018 – more than 1 in 6 state residents (18.2%) – according to new Census data released this morning based on the Supplemental Poverty Measure (SPM). The high cost of living in many parts of California is a key reason for California’s high SPM poverty rate, underscoring the continuing need for policies that address the state’s affordability challenges. High living costs are particularly problematic when they rise faster than incomes. This presents a challenge in California because inflation-adjusted wages in recent decades have grown only for the highest-paid workers, while wages for mid-wage and low-wage workers have remained largely flat.

Poverty & Inequality

More than 7 Million Californians Can’t Afford Basic Needs, New Census Figures Show

Approximately 7.1 million Californians live in poverty and cannot afford to pay for basics, such as food and housing, according to a new analysis by the California Budget & Policy Center that is based on data released today from the US Census Bureau. The sate’s poverty rate remains high with 1 in 6 Californians struggling to make ends meet, according to the Supplemental Poverty Measure from the Census Bureau. The Supplemental Poverty Measure accounts for the cost of living as well as for the various resources a family may use to cover basic expenses, and may include noncash benefits like tax credits and food assistance.

The Budget Center’s First Look: 2019-20 California Budget

On June 27, Governor Gavin Newsom signed into law the 2019-20 state budget, an agreement with state legislative leaders that makes a series of investments in creating economic security and opportunities for Californians, while also fostering the state’s fiscal health.

California Budget