California Employment Development Department
California’s Tech Boom Masks a Shrinking Job Market, Beacon Economics Warns
The Information sector now drives more than 12 percent of state GDP, but hyper-productive Tech companies are generating wealth without generating employment—leaving California...
Orange County Claims California’s Lowest Big-County Unemployment Rate, but Economy Beneath Headline Is More Complicated
At 4.1 percent, Orange County’s jobless rate beats every other major California metro. Yet construction is contracting faster here than anywhere else in...
San Diego Sheds 16,000 Jobs in January, but a Healthcare Boom and Hospitality Gains Underpin a Shifting Labor Market
A county long defined by its military payroll is watching the private sector — healthcare above all — rewrite the employment script, even...
Post-Holiday Retrenchment Drives Los Angeles County Payrolls Down by 58,500 in January
Despite steep monthly losses driven by seasonal cutbacks, year-over gains in healthcare and hospitality point to underlying resilience in the nation’s second-largest metro...
LA County Office Market Searches for Stability as Vacancy Persists
Excess supply and economic uncertainty keep pressure on office fundamentals. By J.C. Casillas, Managing Director of Research at NAI Capital Commercial MARKET OVERVIEWThe...
Inland Empire Multifamily Market Sees Rising Sales Volume as Development Slows in 2025
Vacancy edges higher, rents plateau, and investors adjust to pricing shifts as new supply and economic pressures reshape market conditions. By J.C. Casillas, Managing...
Ventura County Retail Market Adapts to Shifting Demographics and Economic Pressures
Vacancy rose to 6.2% in the second quarter as population shifts and economic pressures influenced leasing, development, and investment activity. By J.C. Casillas, Managing...
Inland Empire Retail Rebounds, Filling Vacancies and Facing Tariff Uncertainties
Population in-migration, leasing activity, and selective development are shaping the region’s retail landscape as vacancy stabilizes and rents remain steady. By J.C. Casillas, Managing...
Beacon Economics’ 2025 Outlook: Can California Sustain Its Economic Edge Amid Rising Pressures?
California begins the second half of 2025 in a precarious economic position—still the nation’s most powerful state-level economy, yet grappling with fundamental constraints...
California’s Labor Market in Flux: Workforce Growth Surges Amid Employment Adjustments
California’s labor market has undergone a considerable transformation, with the latest annual benchmark revision revealing a much stronger labor force expansion than previously...
