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 and Visit California launch international tourism campaign welcoming Canadians to experience the warmth and love of the Golden State
News What you need to know: California is launching a new campaign to further strengthen tourism between California and Canada — reminding its international partners that the Golden State remains a welcoming, inclusive, and unparalleled travel destination. SACRAMENTO...
ICYMI: LA’s small businesses, nonprofits, and workers get additional aid with support from Governor Newsom and LA Rises
News What you need to know: Supported by $10 million from the state, LA Rises, Maersk and APM Terminals, fire-impacted small businesses, nonprofits, and workers will receive $19.1 million from LA-area grant programs. LOS ANGELES – Earlier this week, the Los Angeles...
California’s Jobs First regional plans recognized by federal government, creating new opportunities for state economic investment and coordination
News What you need to know: The U.S. Economic Development Administration formally accepted all 13 Jobs First regional plans as Comprehensive Economic Development Strategies, allowing communities across California to accelerate local economic investment. SACRAMENTO...
