Stress in Retirement
Current Issue

Retirement Stress Is Increasing

Posted June 8, 2017 by Jerri Hemsworth

Many California workers today are feeling stressed about retirement, and a new study indicated that many Americans are not taking steps to prepare for it. Those feeling stressed have lower levels of retirement confidence and are less likely to feel financially secure, according to the recent Retirement Confidence Survey by the Employee Benefit Research Institute […]

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News and Views: Pot Economy in California
Current Issue

Pot Economy Projected At More Than $7 Billion In California. But…

Posted June 6, 2017 by Jerri Hemsworth

The cannabis culture is quickly becoming the cannabis economy here in California. The November 2016 vote that legalized pot here is scratching the surface of popular knowledge, but those in the know are seeing huge investment in weed business. The AP released a story earlier this year that projects more than $7 billion in value […]

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SoCalPro-Electric-Car-Charging-Station
News and Views

Brown To Build Electric Car Charging Network

Posted May 17, 2012 by Jerri Hemsworth

Governor Edmund G. Brown Jr. announced a $120 million dollar settlement with NRG Energy Inc. that will fund the construction of a statewide network of charging stations for zero-emission vehicles (ZEVs), including at least 200 public fast-charging stations and another 10,000 plug-in units at 1,000 locations across the state. The Governor also announced that he […]

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4.1.1
News and Views

Obama Signs Jobs Act to Help Small Businesses

Posted May 17, 2012 by Jerri Hemsworth

President Obama signed into law the American Jobs (Jumpstart Our Business Startups) Act, which is designed to help add jobs and bolster the economy. The bill includes $253 billion in tax credits and $194 billion in spending, plus extension of unemployment benefits. Among its elements are the following specific actions: Cutting and suspending $245 billion […]

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4.1.1
Human Resources

Employers Don’t Have To Ensure Lunch

Posted May 17, 2012 by Jerri Hemsworth

The California Supreme Court recently ruled that employers are under no obligation to ensure that workers take legally mandated lunch breaks. This case has impact on millions of California workers and thousands of California employers. Brinker v. Superior Court began as a case more than nine years ago. The class action was brought by restaurant […]

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SoCalPro.Venture-Capital
News and Views

Q1 Venture Capital Investments In Southern California Nears $1 Billion

Posted May 17, 2012 by Jerri Hemsworth

The MoneyTree™ Report from PricewaterhouseCoopers, The National Venture Capital Association. Thomson Reuters tell us that there were just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year. This bucks a national trend where VC investment is off 19%. In terms of dollars, San Diego led Southern […]

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SoCalPro-Help-Wanted
News and Views

California in Recovery—Slowly But Surely

Posted May 17, 2012 by Jerri Hemsworth

California ended the quarter on a slightly upbeat note. The state added more than 18,000 non-farm jobs in March 2012, according to the Employment Development Department of California. While the unemployment rate rose one tenth to 11%, pundits believe this is part of a trend of more people coming back to the job market, so […]

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Print
News and Views

Who’s Buying Our Stuff?

Posted February 20, 2012 by Jerri Hemsworth

Outside of California, who buys the stuff that we make? Southern California Professional recently reviewed statistics from the Kryser Center for Economic Research in their 2011 International Trade Report. The leading export destination from the Los Angeles Customs District is China, which currently receives more California exports than the next two countries combined (Japan and […]

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EntertainmentJobs
News and Views

Entertainment Employment Up, Box Office Down

Posted February 5, 2012 by Jerri Hemsworth

Employment in the entertainment industry is up by nearly ten percent in California over the past year, as reported by Reuters according to a report by the Los Angeles County Economic Development Corporation. More than 10,000 employees were hired as the amount of on-location filming in the state also increased. With the good comes some […]

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FrivolousLawsuits
News and Views

Frivolous Lawsuits Alive And Well In CA

Posted February 5, 2012 by Jerri Hemsworth

One Huntington Beach resident filed 47 lawsuits last year. One of these is a lawsuit against Tom Hanks, alleging he harassed her. Another OC resident has racked up 22 lawsuits in the past few years. And according to a recent piece in the Orange County Register (Tripping? Beach injury? Debate heated on frivolous lawsuits, Feb. […]

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SanDiego
News and Views

San Diego’s Top Three Industries

Posted February 5, 2012 by Jerri Hemsworth

For decades San Diego generated most of its business as a result of the military operations in the area. But the military has given way to manufacturing in the sunny city bordering Mexico. Third on the list is tourism. Collectively San Diego’s Gross Regional Product is estimated to be just over $175 billion (according to […]

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Los AngelesStadium
News and Views

Pro Football Back To L.A.?

Posted February 5, 2012 by Jerri Hemsworth

The answer is “yes,” at least if the Los Angeles Football Stadium people have anything to say about it. The stadium is part of a 600-acre district that is designed and ready to break ground in Industry, Calif. Led by Ed Roski, part owner of the L.A. Lakers and L.A. Kings, the Los Angeles Football […]

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