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
In Kern County, Governor Newsom continues ‘California Jobs First’ tour at low-emissions cement plant
Nov 25, 2024
News What you need to know: Governor Newsom’s recently launched economic framework doubles down on creating even more clean jobs, faster. KERN COUNTY – Following last week’s launch of a new economic framework that will help create more jobs, faster, Governor Gavin...
As California achieves historic milestone, Governor Newsom commits to restarting state’s ZEV rebate program if federal tax credit is eliminated
Nov 25, 2024
News What you need to know: California continues to lead the nation in ZEV adoption, surpassing 2 million electric, plug-in hybrid, and hydrogen-powered vehicles sold across the state. Governor Newsom announced California will step in to provide a California ZEV...
California invests $24.7 million to support 8,270 apprenticeships in key industries
Nov 22, 2024
News What you need to know: Following the Governor’s visit to Fresno to unveil a new economic strategy that’ll help create more jobs in every region of the state, Governor Newsom announced a new round of grant funding that will help get Californians the skills they...