Economy
California is the 5th largest economy in the world. It’s a powerhouse built by our people. Here’s how we’ll ensure economic opportunities reach all Californians.
Creating jobs
California Jobs First will create more good-paying jobs, faster. It is a first-of-its-kind model that streamlines the state’s workforce development. It will guide investments in job creation, industrial strategy, and economic development.
Lowering costs
We’re making California more affordable to more people. Governor Newsom is doing that by focusing not only on the needs of businesses, but also on the needs of workers. California has been the place where the middle class dream is achievable. We’re taking action to make that dream an affordable reality today.
Unlocking the freedom to succeed
California is preparing students for the workforce of tomorrow. We’re helping them build skills, leading to high-paying and fulfilling careers — even without a college degree. That’s giving people the freedom to succeed.
Getting job training for Californians
Californians are learning the new skills they need for good-paying jobs. The Governor is creating:
- more apprenticeship opportunities,
- new career pathways for young Californians,
- better access to training programs for farmworkers, and
- support for former oil and gas workers.
Investing in business innovation
We’re doubling down on our investment in California’s innovation and entrepreneurial ecosystem. We fuel this by creating policies that support big thinkers and job creators. Governor Newsom is cutting bureaucratic red tape. And he’s keeping business here with billions in tax relief and grants.
News about the economy
Governor Newsom celebrates National Apprenticeship Week, highlighting pathways connecting workers to good jobs
News What you need to know: California leads the nation in apprenticeships, expanding access to paid, hands-on training across industries. National Apprenticeship Week highlights how these programs are connecting Californians to stable careers and meeting workforce...
Governor Newsom announces 38 new film projects – from animated features to big budget productions and independents – coming to the Golden State
News The Simpsons Movie 2 from 20th Century Studios is among awarded projects that include major productions from industry leaders DreamWorks Animation and Paramount Pictures, as well as independent production company Gloria Sanchez Productions What you need to know:...
What Fox News won’t report: California’s fast food minimum wage increase helped 730K workers with ZERO job loss
News What you need to know: The longest-running study on California’s minimum wage increases recently reported that the state’s worker-friendly wage increases result in no job loss, minimal price increases, and is a win-win policy for workers and the economy. ...
