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 signs historic law to stop big business from shutting out competition, cuts red tape to speed up business permitting
News What you need to know: The Golden State is home to over 7.6 million small businesses, the most in America, and today Governor Newsom is signing legislation to encourage fair competition and expand opportunities for entrepreneurs and workers. SACRAMENTO – Governor...
Governor Newsom signs bills to push back on Trump’s Orwellian immigration tactics to protect immigrant communities
News First-in-the-nation shock glove ban First-in-the-nation 25% tax on private detention centers What you need to know: Governor Newsom is protecting communities, strengthening public safety, and pushing back against Donald Trump’s totalitarian tactics, signing a...
Governor Newsom signs commonsense legislation to make your life easier
News What you need to know: Not all bills are tied to a specific policy issue — some are just about making life a little easier. Governor Newsom just signed new legislation to help Californians in their day-to-day lives — helping them connect to the customer service...
