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
At Southern Border, Governor Newsom announces new Port-of-Entry construction to spur economic development and new efforts to bolster border security
News What you need to know: Governor Newsom is announcing new construction to support a new port-of-entry at the California-Mexico border to support growing international trade, which keeps costs down for families and reduces wait times for businesses and workers —...
ICYMI: Clothing manufacturer Dickies moves headquarters from Texas to California
News What you need to know: Dickies clothing company is moving its headquarters to California after more than 100 years of being located in Texas. The company joins millions of others located in the Golden State, home to the world’s fifth largest economy and the most...
In Kern County, Governor Newsom continues ‘California Jobs First’ tour at low-emissions cement plant
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...
