Showing posts with label california. Show all posts
Showing posts with label california. Show all posts

Sunday, July 28, 2013

BART should get rid of this monster hiding in the name of Union and all of its Minions..

Even I feel like applying for job in BART.. I think, with my electrical engineering degree and my experience with world's biggest electrical engineering giants, I should meet their requirement.. The kind of salaries these guys are making is so great.. I slog so much and still they surpass me... and more over with super great retirement benefits..

Here is what BART management should do.. Instead of offering any pay hike, they should offer them two options:
1) Pay Cut of 20% in phased manner in next three years or
2) Get lost.. they should file for bankruptcy.. shut down BART for few months.. void all contracts and start fresh..

Given vested interests and fake pride of Unions, I think only second option will be the only viable option for Management. At the same time, management should also fire the executives who in first place made such contract three years back. Even they need fresh start. This is the tricky part.. Problem is that this bloody management also has vested interests.. They must also be getting similarly higher salaries.. No one talks about their salaries as compared to other transit agency salaries.. In general, in any organization, salaries are consistently higher or lower across the board..

Now, who is left to take care of interests of taxpayers? Politicians? Who unfortunately are pre-dominantly democrats and mostly funded and supported by these Unions.. What a mess.. Only for this reason, I am willing to vote for republicans.. any tom-dick-harry from republican.. but I will support them.. Even though, I primarily consider myself a democrat.. but in my view, democrats are becoming oblivious to interests of common tax payer.. and I think, it is mainly due to their consistent monopoly on California state legislature for such a long time.. I don't remember when California legislature was controlled by non-democrats.

So, bottom line.. in my view.. either democrat fix themselves or they will be wiped out from California's political map for some time for sure.. I know it may not be possible in next couple of years but I am sure we should see some kind of trend towards this..

Coming back to BART again.. This got to be fixed.. even if it calls for complete shut down for few days, weeks or even months.. and overhaul it and align it's cost structure with ground realities.. otherwise, they will be soon wiped from the very same ground..

I may seem harsh and angry.. but honestly, I am trying to control my language which I haven't done in past..


LABOR NEGOTIATIONS

BART leading the way on pay


Compensation for transit agency’s workers is far higher than their peers’ in Bay Area and the state


By Mike Rosenberg and Daniel J. Willis


Staff writers


While BART and its unions fight over employee pay raises with another strike looming in a week, a new analysis by this newspaper reveals the rail line’s workers already have bigger paychecks than any of their peers.

BART workers easily earned the most money on average last year among the 25 largest government agencies in the Bay Area, the newspaper’s review of public employee payroll data shows. What’s more, BART employees also topped the list of the highest-paid transit operators in California.

And the results are not close. Even when 
eliminating high-paid police officers and executives, the average gross pay for the blue-collar BART union workers who are threatening another shutdown was $76,551 last year — more than the average employee made at any large school district from San Jose to Walnut Creek, any county from Santa Cruz to Contra Costa or any transit line from San Diego to Sacramento. 

BART’s top-paid train operator grossed $155,308, compared with the $109,450 that the Santa Clara Valley Transportation Authority paid its top light-rail driver. BART’s best-paid janitor made $82,752 while the upscale Hillsborough City School District paid its top custodian $59,360. And BART’s electrician with the highest paycheck made $149,957 — nearly twice the $79,878 that AC Transit’s best-paid electrician made.

The wages are under heightened scrutiny as BART and its labor unions on Tuesday enter their final week of negotiations, hoping to avert a second shutdown, Aug. 5, after a cooling-off period halted a 4½-day strike earlier this month. Both sides remain far apart on the key issues of worker pay and contributions to pensions and health care.

Overall, BART’s average employee — executives included — made nearly $30,000 more than employees at Los Angeles’ transit line, and nearly $10,000 more than those at San Francisco Muni, the state’s second-highest paid transit workers.

BART workers argue their wages have remained flat for four years. They say they are worthy of their salaries, pointing to the agency’s strong on-time performance, high rider satisfaction and their work maintaining one of the nation’s most antiquated rail lines.

“You buy a Mercedes, you get quality. You almost get what you pay for,” said Dennis Acma, 47, of Dublin, a power support controller at BART for the past seven years. “They’re paying for that expertise. You got people who are dedicated that work here.”

Despite the lack of recent wage increases, BART has not had trouble attracting — or retaining — people to fill their union jobs, such as station agent, train operator and maintenance worker, that typically require a high school diploma and a few years of general work experience.

Since 2007, BART has received nearly 65,000 job applications for about 1,800 line-level union openings. Only 6.8 percent of BART’s blue-collar workforce left the job in the past year — half the average national turnover rate for public and private employers — and the typical union employee stays with BART for 13 years.

The data show BART pay is above average partly because of favorable rules that allow workers to pile up lots of overtime and cash out unused sick and vacation time, which has helped some employees double their base salary. But BART and experts say it’s also the result of previous managers caving to the public demand to avoid strikes by including regular pay bumps for decades, until 2009.

“(BART unions) have a degree of leverage from a strike perspective that many other industries don’t, and this is a classic example of them capitalizing on it,” said Christopher Thornberg, founding partner of Beacon Economics, a Los Angeles-based economics consulting firm. “If you ask me, it’s a tiny bit short of blackmail: ‘Give me the money or the commute’s going to get it.’ ” Union employees say the cost of living in the Bay Area has soared and BART’s revenue has surged to record levels. Plus, because of management’s push to increase health care and pension premiums, employees stand to see their take-home pay go down without raises.

And not all workers are highly paid. Last year, 830 part-time and full-time BART workers — or nearly one-quarter of the rail line’s workforce — made less than the $62,680 median income in the San Francisco-Oakland- Fremont metropolitan area.

Acma, the BART worker, said he’s tired of people thinking they are drones who only push buttons and said the employees work hard, often on off-hours, holidays and weekends, for their money.

“It’s unfortunate that our jobs do hold the Bay Area hostage,” he said. “We’re
 scrimping by, and sometimes the public treats us like we’re above everybody else. We’re not the 1-percenters.”

But BART says it needs to limit worker costs, which, as in most transit agencies, are the biggest expense in its budget. If overall compensation goes up, BART officials say, they will have to delay payments toward new rail cars and other equipment needed to increase
 service. Before state mediators earlier this month ordered both sides to keep their latest proposals secret, BART had offered a wage increase of 5 to 8 percent, depending on whether certain economic measures were met, over four years. That would push the average union gross pay to as much as $82,861 by 2017.

Unions had countered with a pay increase of 20.1 percent over three years, which would increase their average total pay to $92,991 by 2016.

The pay comes on top of the benefits BART workers earn, which are among the best in the Bay Area and
 have eaten up half the extra revenue the agency has collected in the past few years. Employees contribute nothing toward their pension and $92 a month toward health care.

“I don’t know if it’s an urban myth or just a saying, that the BART contract is held up in union halls around the county as the gold standard,” BART spokeswoman Alicia Trost said. “We have to bring our compensation packages more in line with what others have. Years of protecting the employees have caught up with us.”

Thursday, January 3, 2013

Happy New 2013!!

Wish you all a very Happy New Year!!!

Hope this 2013 brings peace, joy and prosperity to everyone!!

Starting this year with great news clip from my beloved California..

http://www.mercurynews.com/science/ci_22300614/rains-promise-seen-deep-sierra-snow-pack

California was suffering from drought for last 3-4 years which was causing restricted water supply to farms and orchards. However, this year started with great bang and above average rainfall in all areas. More importantly, snow storms in Sierra caused super great snow level which are already enough to support up to 40% of California's water supply. This is just beginning of wet season. Hope that by the end of season we will have more than enough rain/snow to not only take care of this season, but also build some extra reserves for future seasons..

This should definitely help spur local economy come back to its feet even faster. We in tech world are doing best to grow California economy any how.. Little support from mother nature is always more than welcome!!!

Lastly, you should expect many more skiing pictures from us ;-)

Once again a very Happy New Year to everyone!!!



SNOW PILES UP

Winter’s wet start bodes well for season


By Lisa M. Krieger


 


December’s storms have boosted the spirits of California’s water watchers, with the season’s first Sierra Nevada water survey revealing a snowpack deeper and wetter than normal.

The ritual trek along Highway 50 near Lake Tahoe to survey the state’s water outlook revealed more than four feet of soggy snow, with moisture 34 percent above average.

That compares with last year’s depth of 0.14 inches — scarcely more than a few scattered patches.

“We are doing great — off to an excellent start,” said Ted Thomas of the state’s Department of Water Resources. Last year was dry, except for late spring showers.



RICH PEDRONCELLI/ASSOCIATED PRESS

Frank Gehrke, chief of snow surveys for the Department of Water Resources, gets up after tumbling in the snow Wednesday.



The crucial reading means the state will be able to deliver at least 40 percent of the supply requested by state water project members this year — and it expects to give more, as — and if — winter storms accrue. 

The measurements are particularly important because California is entering a fourth year of drought. 

The gusting Pacific storms nudged San Jose’s cumulative seasonal rainfall to 7.19 inches, a big splash beyond last year’s 1.55-inch total. So far, Concord has had 9.64 inches; Livermore, 8.29 inches, and Oakland, 10.63 inches. This time last year, none of those cities had more than two inches. 

The next week or two are expected to be dry, with temperatures ranging from the low 30s to low 60s, said Austin Cross of the National Weather Service in Monterey. He couldn’t predict whether dry skies will persist through January. 

That’s no cause for concern — it fits a pattern of a midwinter dry spells alternating with rains, Cross said. Fresno farmers rejoiced while keeping a close eye on thermometers. On Wednesday night, to prevent freezing delicate oranges, huge fans blew air through the orchards and warm groundwater poured through irrigation channels. 

“This is fantastic news,” said Fresno County Farm Bureau director Ryan Jacobsen, who views the snowy Sierra from his office. “The San Joaquin Valley is considered a desert. We would not be in existence if not for the snowpack above us.” 

Welcome signs of winter are everywhere in the Bay Area. White-blossomed milkmaids and manzanita shrubs are blooming along Mount Diablo’s Mitchell Canyon and Donner Canyon areas. And three beloved waterfalls are cascading down the flanks on the Clayton side of the mountain, visible to hikers on the Falls Trail, said naturalist Leslie Contreras. 

Wednesday’s clear winter skies gave Diablo’s visitors views all the way to Mount Shasta, Mount Lassen, the Sierra and the Farallon Islands. 

Fungus fans are thrilled by the appearance of mushrooms, delicious when they’re not killing you. Our coastal mountains are home to more than 1,000 species, which start bursting through the soil two to three weeks after the first rains. 

“Rains are heaven sent,” said mycologist Phil Carpenter, “prime minister” of the Fungus Federation of Santa Cruz, who is busy preparing for the annual Jan. 11-13 Fungus Fair. “This is our time to glory.” 

Other harbingers of the season, banana slugs, have emerged from their summer hiding spots — finally able to travel along moist routes. 

Chinook salmon are swimming up Mount Tamalpais’ Marsh Creek for the first time in 60 years, weary after spawning and a long journey from the ocean. 

“December was very kind and generous to California’s rivers and streams,” said Steve Rothert, California director American Rivers. 

Early rains are also important for steelhead trout, said environmentalist Matt Stoeker, who monitors the Peninsula’s San Francisquito Creek. “Having a heavy flow in December means fish are able to get out of the Bay and upstream to spawn.” 

Migratory birds are arriving in the Bay, a critical stop along the Pacific Flyway. 

Stunning white snow geese, visiting from the Arctic, were in a flock of Canada geese at the Sunnyvale Baylands Park. Other avian winter visitors include red-breasted nuthatch near Mount Madonna and pine siskins feeding on redwood cones atop tall trees along Highway 152. In the Central Valley, vast flocks of sandhill cranes and tundra swans have gathered. 

But water-lovers are trying to temper their enthusiasm in a still-young winter. 

“We still have a lot of season left to go,” said Jacobsen. “We’re really encouraged, but the rains have to continue for it to be a true success.” Contact Lisa M. Krieger at 650-492-4098. 



Saturday, July 21, 2012

Wao... Look at this.. Go Silicon Valley.. Go..

Despite very poor overall job report from the country.. there is some silver lining.. Rest of the country should learn from this... Some of the key numbers which are hidden deep bottom of this article about jobs.. 


San Jose Bay area created:

  1. almost half (44%) of California jobs in month of June
  2. one fifth (21%) of entire US jobs which means that almost half of the US jobs were created in California!!

Sad part mentioned in this article is... as per them need for technology and tech-equipment is even more due to slower growth in other areas. Which as per them makes employers to buy more technology to maximise their productivity.. I kind of disagree this statement.. I think, jobs where you need human power are difficult to be replaced by machines.. as per me human jobs are needed where you need brain to think!! not just using your hands to do some repeatable jobs.. those jobs are any how machine jobs..

Creation of jobs is about creating value added work.. though no offense to service industry but service industry jobs should follow real value enhancement jobs like R&D/Technology and manufacturing.. Manufacturing jobs are also coming back to US, but still, long way to go.. unless, US workers accept fact that they are not very high paying and all that Union etc.. bull-shit won't work.. it is difficult to get them back..

 Best hope for nation is to create technology jobs like in the ones being created in California.. California has two major job engines.. Technology in North and Media/Arts in South.. Now a days, even media/arts is heavily dependent on technology.. so essentially, you need big investments in technology for arts & media.. which enables lot of art/media work to be off-shored.. Which is a fact of life.. "Work, live, play.. Anywhere!!!" is going to be the way forward.. there is no escaping of it.

If you think you have Geo-Location advantage.. No.. you are wrong!!! it may give you slight edge in beginning but eventually someone else will catch up and take away your work and do it not only cheaper but most likely better.. Only way for you to sustain that job locally in that physical geo location is that you re-invent and continuously create additional value.. you have to be good in science/tech/arts/media.. whatever you are doing..

To enable this, US has to change few things.. Current education system prepares majority of kids to be ready for service industry or sales / marketing type of jobs.. unless.. parents works hard with kids to get their focus back to Science and Maths.. They have to change the way maths, science and more importantly technology is taught in elementary, middle and high-schools.. US has to make technology a mandatory subject like arts, language and maths etc.. upgrade technology infrastructure of schools..

US spends so much on education.. this mandatory technological upgrade cost will be nothing as compared to their regular spending.. they have to set it up right now.. it is already too late.. but better late than never. Kids over here are so brilliant (for that matter all the kids are brilliant) due great creative and lively way of education.. if kids start applying their same creative sense to technology as well.. there could be thousands of other silicon valleys across the US.. and then we don't have to look up only to Silicon Valley to create jobs..



Tech hiring spurs June jobs surge across Bay Area


By George Avalos


 


The Bay Area job market roared to life in June, reversing a recent slowdown in growth by creating nearly 17,000 jobs.

A strong technology sector combined with robust job gains in the East Bay to produce the best onemonth
 job growth performance since September for the nine-county region.

“What really leaps off the page is the big gain in the East Bay,” said Michael Bernick, a research fellow with the Milken Institute. “The other big factor is technology. Tech, social media companies, Internet commerce
 firms — they are leading this.”

The East Bay added 7,400 jobs, the South Bay gained 4,000 and the San Francisco-San Mateo-Marin metro region produced 6,100 new jobs, according
 to seasonally adjusted numbers from the state’s EmploymentDevelopment Department.

Overall, the Bay Area added
 16,900 payroll jobs in June.

High tech accounted for at least one-quarter of the gains, this newspaper’s
 analysis of results supplied by Beacon Economics shows.

“We continue to see tech companies
 that are growing,” said Mark 

Howard, managing director of the Berkeley office of Management Recruiters. “That kind of expansion requires additional employees.” 

Two categories dominated by technology employees — professional, scientific and technical services, along with information services and products — combined for a gain of 4,700 jobs in June. The South Bay, East Bay and San Francisco-San Mateo-Marin regions all showed gains in these tech sectors. 

The upswing in the Bay Area was a welcome counterpoint to the sluggish employment gains of the spring. Employers added only 2,400 jobs in April and 3,800 in May, a sharp slowdown from the previous months of winter and fall. 

Some analysts feared that the suddenly sluggish job growth nationwide could produce a slowdown in the Bay Area. But the region produces what companies and other organizations want, said Jordan Levine, director of economic research with Beacon Economics. 

“Nationally, you still see a lot of purchases of computer equipment, Internet products and services, software,” Levine said. 

Ironically, the overall feeble U.S. economy may be giving a boost to the tech industry, according to Levine. “Tech is a way for employers to maximize productivity and efficiency without hiring employees,” he said. 

California added 38,300 jobs last month, which means the Bay Area accounted for 44 percent of all jobs added in the state — and 21 percent of the job gains for the entire nation. 

“The Bay Area has basically helped California get its mojo back,” said Steve Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy. 

The statewide unemployment rate improved to 10.7 percent in June, compared with 10.8 percent in May, the EDD reported. 

The Bay Area jobless rate was 8.5 percent in June, down from 8.6 percent in May, the Beacon study found. The East Bay posted a 9.2 percent jobless rate in June, down from 9.3 percent the previous month; the South Bay was unchanged at 8.6 percent; the San Francisco area was at 7.1 percent, down from 7.2 percent the previous month. 

Non-tech sectors also enjoyed gains. The East Bay added 1,200 construction jobs and the South Bay added 700 wholesale trade jobs and 600 retail jobs. The San Francisco metro region gained 800 hotel and restaurant jobs. 

“The overall recovery has spread out from its base in technology,” said Jeffrey Michael, director of the Stockton-based Business Forecasting Center at University of the Pacific. 

Contact George Avalos at 925-977-8477. Follow him at twitter.com/george_avalos. 

Wednesday, July 18, 2012

Come on it is global village now..

My full sympathies with Mr. Garcia.. but in my view he shouldn't be worried or asking about California's license. World is too big and at the same time too small.. He should rather be focused on his abilities and building knowledge and gain wide experience. If he is talented and hard worker, it doesn't matter if he practices law in California or Mexico or India or anywhere else.. He should go and practice where he can according to laws of the land. If he is good and he has great education and experience to support, very soon California will call him and give him license to practice law.

In my view his views are way to myopic and he is wasting time.. he needs to focus on something else.. He should thank his fortune that he got great education which will enable him to be better citizen of world.. just focus on building experience and knowledge and as I said very soon, California (figuratively speaking) will call him and give him license to practice here..

Either way, all the best!!!


This law school graduate passed the bar exam on his first try. But he is an undocumented immigrant. Should he be licensed to practice law in California?

A simple dream, a complex debate



Aspiring attorney’s boyhood goal in hands of state Supreme Court


By Howard Mintz


 


DURHAM — The endless rows of almond orchards dotting the landscape in this ranch town just outside Chico meant a future for Sergio Garcia’s family.

His father, a Mexican immigrant, harvested the cash crop, shaking the trees for bounty 12 hours a day through hot summer months. As a teenager,
 Sergio Garcia worked alongside his father, helping out when he wasn’t rising to the top of his high school class and positioning himself for college and, later, law school.

But the nation’s wrenching debate over illegal immigration has now engulfed Garcia’s path to success. He is at the center of an unprecedented California Supreme Court case that will determine whether the state bar can grant an undocumented immigrant a card to practice law in California.


“This is an effort to eliminate the last vestige of the (difference) in people who are here illegally and people who are here legally.”


— Ira Mehlman, Federation for American Immigration Reform


“I hope the California Supreme Court will let me move on with my life.”


— Sergio Garcia





PATRICK TEHAN/STAFF

As a teenager, Sergio Garcia helped his father harvest almonds in the orchards near Chico.


The 35-year-old Garcia earned his law degree three years ago and passed the bar exam on the first try. But he must pursue the right to a lawyer’s license because of his immigration status, in flux since 1994 when he returned from Mexico to rejoin his family and finish high school. On a recent June afternoon, Garcia described his plight in his small living room, where he keeps a folder of court papers and a scrapbook of business cards of journalists from as far away as China to someday show his children. 

Garcia has wanted to be a lawyer since he was 10 and never imagined that simple dream would be so complicated. “I hope the California Supreme Court will let me move on with my life,” Garcia told this newspaper during a day of interviews around his hometown. 

Florida case 

With the Florida Supreme Court recently taking up a nearly identical case, the issue has inflamed both sides of the immigration conflict and may draw the Obama administration into the fray. Among other legal questions, the California Supreme Court has asked the U.S. Justice Department to address whether federal law precludes the state from granting a professional license to an illegal immigrant. The federal government and state Attorney General Kamala Harris are expected to file their legal opinions this week. 

To immigration rights advocates, Garcia is the prototype of an immigrant who should be free to remain in the country and contribute. He has spent most of his life here, his father and most of his siblings are citizens, but the bogged-down federal visa process, particularly for Mexican immigrants, has slowed his quest for legal status. 

The State Board of Bar Examiners agrees, urging the state Supreme Court to give Garcia his law license. (Florida’s board recommended against licensing Jose Godinez-Samperio, a 25-year-old Tampa law school graduate.) California, “which has expressed a desire to invest in the education of undocumented students, should be able to benefit from the contributions of these individuals as professionals, both economically and otherwise,” the board wrote in a brief. 

But critics of illegal immigration see Garcia as an example of a system that’s too permissive. 

“People in the country illegally should not be practicing law,” said Ira Mehlman, media director for the Federation for American Immigration Reform. “This is an effort to eliminate the last vestige of the (difference) in people who are here illegally and people who are here legally.” 

Garcia is quick to say he has not lived in the shadows. He was first brought to California as a 1-yearold, living here until he was 8 before returning to Mexico. He was 17 when he came back to stay, and his father immediately sought a visa. He has been waiting ever since. 

Garcia jokes that he’s just missed every possible break and deadline that would have spared him this court battle. He was born in Mexico just before his parents came here and he’s too old to capitalize on President Barack Obama’s recent policy changes offering reprieves and work permits to people brought here as children. 

As he strolls the bland campus of Durham High School, where he was “a brown kid in a white world,” Garcia speaks softly of how he spent recesses studying. His grades drew scholarship offers, which drifted away when schools discovered his immigration status. 

The only hint of bitterness he shows is when people use “illegal” instead of “undocumented” to describe him, a distinction he said fuels “extreme views.” Legal experts say Garcia’s case puts the state Supreme Court in uncharted territory, mainly because California has no clear law on the topic. The State Bar didn’t even ask about immigration status until 2008. 

Federal law bars local and state agencies from giving “public benefits” to illegal immigrants. The key question is whether that forbids California from licensing Garcia. 

Mixed opinions 

Critics of illegal immigration say Garcia should be denied a license under federal law, but some law professors disagree. “He has already lived, been educated and successfully passed the bar exam in California,” said Pratheepan Gulasekaram, a Santa Clara University law professor who specializes in immigration law. “It seems silly to think of him as a person to whom (the federal law) was directed.” Even if the Supreme Court sides with Garcia, legal fog surrounds whether he can practice law without a green card. Federal law bars employers from hiring undocumented workers, but Garcia insists he would hang up his own shingle as an independent contractor. Experts say the law does not require clients to check his immigration status. Meanwhile, Garcia waits. Some of his legal work, helping area law firms with Spanish-speaking clients, has dried up as a result of publicity about his plight. But he is ready to take his case to the U.S. Supreme Court if necessary.

“They picked the wrong guy,” he said. “I’m stubborn. Either kick me out of the country or give me my law license.” 

Howard Mintz covers legal affairs. Contact him at 408-286-0236. Follow him at Twitter.com/hmintz. 




PATRICK TEHAN/STAFF 

Sergio Garcia’s grades as a student at Durham High School elicited scholarship offers, but they disappeared once colleges learned of his immigration status. 




Friday, March 30, 2012

Is world's 8th largest economy really on recovery path?

If you guessed it.. California.. you are right about it!!! California economy happens to be approximately 2 trillion worth!! and if and IF it was a nation on its own, it would have be world's 8th Largest economy!!


I think California is biggest state of US in terms size of economy.. Northern California's Silicon Valley and Southern California's Entertainment Industry is more or less flagship which almost defines US in rest of the world. I agree.. New Yorkers.. don't get angry.. I was coming to you.. You also define US big time.. it doesn't mean rest of the states are Chillar Party (coin change - sorry folks, couldn't come up with better term in English).  for those who are interested in finding about California.. please visit Wikipedia page for California for more interesting facts an figures.. http://en.wikipedia.org/wiki/California

Any how.. coming back to basics.. Is California really recovering? One point of time unemployment was around 12%. Recently it has come back to less than 10%. Which is progress.. and once people's mentality changes about California, that it is back on track.. there could be easy rush towards further growth and development.

There are some dangers ahead.. Weather is one of them.. This year's almost negligible snow falls on Sierra mountains has forced irrigation water cut for central valley farmers. Which will definitely hit the progress.. Central Valley is responsible for almost half of the entire US' fresh farm produce.. I agree that US mostly imports.. but whatever is freshly produced locally, our California's central valley contributes half of it. So it could be big hit to those farming community. Fortunately or unfortunately there share in economy is still very small but job impact could be high.

Everyone is saying that housing has bottomed out.. but I thought I heard this more than year back and still prices are going down and down.. Hopefully this time economists are correct!! Even I want to see some equity in my house back. Once housing turns around, that would be big sentimental shift and that can drive many other things here. If you are educated or rather than that, if you are in High Tech there is already almost boom time for jobs. But beyond high tech things are still bad. Hopefully this growth in Hight Tech will spill over to other areas of economy and spur growth over there..

http://www.mercurynews.com/business/ci_20275337/california-economic-outlook-brightens-bit-new-study-says


Forecast: California to continue job growth


Researchers see state jobless rate dipping below 10% next year


By George Avalos


 


The economic outlook for California has perked up and the state should escape double-digit jobless levels more quickly than previously thought, researchers said Wednesday.

“Things look slightly better,” said Jerry Nickelsburg, a senior economist with the UCLA Anderson Forecast, which released its quarterly outlook.

California is expected to suffer a 10.8 percent average jobless rate this year, but that should improve to an average of 9.8 percent next year.

That outlook is brighter than the group’s previous view. In December, the Anderson Forecast predicted a 10.5 percent unemployment rate for 2013.

“We are seeing improvement in the labor markets,” Nickelsburg said.

What’s more, job growth should steadily improve in the coming years, the researchers predicted.

The number of payroll jobs in California increased 1.2 percent last year, according to the Employment Development Department.

The Anderson Forecast said that pattern of job growth should continue, with statewide payroll increases of 1.3 percent this year, 1.9 percent next year and 2.5 percent in 2014, the economists said. “Things do look like they are going to be a little better in California, given the recent sharp drop in the state’s unemployment rate,” said Jeffrey Michael,
 director of the Stockton based Business Forecasting Center at University of the Pacific. 

The nationwide job market is also on the upswing. But growth in the United States still doesn’t look that great, according to a report for the Anderson Forecast that was prepared by senior economist David Shulman. 

“We are growing, but curb your enthusiasm,” Shulman said. 

The economy added an average of 250,000 jobs in the first two months of this year. That would work out to a rate of 3 million jobs a year. But Shulman said he doesn’t think that kind of growth can be sustained. 

Instead, the nation is more likely to add 160,000 to 200,000 jobs a month on average, he said. That would equate to an annual pace of 1.2 million to 2.4 million jobs. 

The strong job growth in January and February was boosted by mild weather around the country, Shulman said. 

“There was more construction, more outdoor work, people went to restaurants and the mall,” he added. 

The rebound in California is being led by industries that are strong in the Bay Area. 

“Tech industries, professional, scientific and technical services, health care, computers and electronics — those are all doing very well,” Nickelsburg said. 

More recently, improvements have begun to surface in some industries that have lagged. Retail, along with leisure and hospitality, are rebounding, Nickelsburg said. 

The Bay Area is likely to remain in the vanguard of the recovery for California, analysts said. 

“The Bay Areahasdefinitely been leading the rebound for the last six months or so,” said Michael, the UOP economist. “We think the Bay Area will continue to outpace the rest of the state in job gains.” 

During the one-year period that ended in February, job totals in the Bay Area grew 1.9 percent, more than double the pace of statewide job growth of 0.9 percent. 

“The rebound started in Silicon Valley and now the improvement is spreading throughout the Bay Area,” Michael said. 

Contact George Avalos at 925-977-8477. Follow him at Twitter.com/george_avalos. 

Monday, December 13, 2010

Train to nowhere

Interesting to read and hear so much excitement around new railway line being built between San Francisco and LA area. As part of first phase, we are starting on segment which is called as "Train to nowhere". Some 65 miles high speed track costing Four Billion USD between two cites which haven't been heard by any one outside those cites..
However, when you read rationale and logic of those in-charge of project they do make sense..  All kind of logic like cheap, faster and most importantly that no one will like to hear and own term called "Train to nowhere" so they will get funding for entire project.
Generally I am supported of public transport projects like this. However, I feel that without proper ecosystem around these projects they are going to be failure. As per current estimates, cost of ticket between SFO and LA will $120, which is expected to go up as project will be invariably delayed and will continue to cost more. Right now, you can easily find air ticket deal for $60/70 between SFO and LA. I don't know why will I pay double the amount for train.. May be better scenery for longer time? I can't comprehend this project's idea.. It is novel project based on great charity at the most..