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
ICYMI: California takes historic action against data brokers
News California cracked down on data broker LocateSmarter with the first-ever enforcement action under Governor Newsom's signature data broker privacy law. What you need to know: Through the Delete Act, signed by Governor Newsom, and the California Consumer Privacy...
California’s latest efficiency wins include access to life-saving heat tools, smarter and faster hiring efforts, and simplified business tax filing
News What you need to know: Following Governor Newsom’s 2025 executive order, state government is becoming more efficient, effective, and engaged with new programs, services, and strategies to better serve Californians. Learn more at results.ca.gov. SACRAMENTO –...
First Partner Jennifer Siebel Newsom, Senate President pro Tem Monique Limón celebrate women founders leading innovation in California
News What you need to know: First Partner Jennifer Siebel Newsom and Senate President pro Tem Monique Limón honored 11 California women founders on the Senate floor to celebrate their leadership in business. Their work in numerous sectors is helping drive the...
