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 highlights California innovation with Lockheed Martin Skunk Works’ X-59 named “Coolest Thing Made in California”
News What you need to know: Showcasing California’s leadership in advanced manufacturing, Governor Gavin Newsom recognized Lockheed Martin Skunk Works’ X-59 as the “Coolest Thing Made in California”. SACRAMENTO — Governor Gavin Newsom today underscored California’s...
Governor Newsom urges the Supreme Court to strike down Trump’s illegal tariffs
News What you need to know: California today filed an amicus brief in the U.S. Supreme Court, opposing the Trump Administration’s illegal and harmful tariffs and his fake emergency to try to justify them. SACRAMENTO – Governor Gavin Newsom and Attorney General Rob...
Governor Newsom outlines California’s economic dominance at the California Economic Summit
News What you need to know: Governor Newsom joined the CA Economic Summit for a fireside chat about California’s success as one of the world’s leading economies. STOCKTON — Today, Governor Gavin Newsom and Director of the Governor’s Office of Business and Economic...
