California Economic Factoid

California's employment hole remains huge. The state still has 1.3 million fewer jobs than it did at its peak in July 2007. Key sectors including housing continue to struggle. The state has lost more than 400,000 construction jobs since early 2006. More than 2.2...

Economic Reset Factoid

During the 2008-09 fiscal year, states collected $31 billion of unemployment-insurance taxes and spent $79.4 billion on jobless benefits. Wall Street Journal  

The President’s Council even works weekends

I was honored to share lunch today with Samuel T. Jackson, chairman and CEO of Economic Empowerment Initiative, Inc of Atlanta, who was also recently appointed to the US President's Advisory Council on Financial Capability for President Barack Obama. The new...