The unions and Kaiser Permanente are close on a four-year total – 21.5% offered by Kaiser compared to 25% sought over four years by the unions. But the unions want nearly half of those increases – 12% – to occur in the first year.
Donald Trump didn’t attack California or Kamala Harris’s home-state record during their presidential debate. He didn’t miss his chance on a fundraising visit, blasting the state on crime, homelessness and more.
Unemployment is inching up, tech layoffs continue and IPOs are waning. Experts expect a downturn, but it’s still possible the state will avoid a recession.
Californians who don’t file taxes — because they don’t earn enough to owe any — won’t receive the new round of state payments. That includes some seniors and disabled people, as well as some of the lowest-income adults.
California’s economic recovery from the devastations of the pandemic was stronger than previously estimated — but skyrocketing inflation could rob the state of its hard-earned gains.