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
California and the Australian state of Queensland ink new partnership to accelerate climate resilience, agricultural technology, and innovation
News What you need to know: California and Queensland are developing a new partnership to advance agricultural innovation and climate resilience SACRAMENTO – California Lieutenant Governor Eleni Kounalakis and representatives from Governor Newsom’s administration...
BUY CALIFORNIAN: Governor Newsom launches new campaign to help consumers identify California-made products
News Manufacturers can now apply to use the “Made in California” label for their products – leveraging the Golden State’s global reputation for quality and innovation What you need to know: California, the world’s fourth-largest economy and the nation’s leader in...
What they are saying: Leaders from across the state celebrate transformative economic investments through California Jobs First
News SACRAMENTO – Yesterday, Governor Gavin Newsom announced $48.5 million in grants through the California Jobs First Regional Investment Initiative to support 18 innovative projects throughout the state that will support the creation of 20,000 jobs while advancing...
