Economy

Updating Employment Laws to Reflect Changing Needs of the Gig Economy image

Updating Employment Laws to Reflect Changing Needs of the Gig Economy

Millions of Californians are choosing to work as independent contractors in the emerging gig economy for the freedom and flexibility it provides—...
Bay Area Pays a Lion’s Share of CA Personal Income Tax image

Bay Area Pays a Lion’s Share of CA Personal Income Tax

New data from the California Franchise Tax Board shows the Bay Area’s importance to the state’s fiscal health. Based on 2017 data, an analysis ...
Trump Mexico Tariff Threat Rattles California image

Trump Mexico Tariff Threat Rattles California

A threat by President Trump to impose tariffs on goods coming from Mexico has huge implications for California. The Bay Area Council has long advoc...
A’s Waterfront Stadium, Development Offers Big Economic Benefits image

A’s Waterfront Stadium, Development Offers Big Economic Benefits

A proposal by the Oakland A’s to build a privately financed waterfront ballpark at Howard Terminal near Jack London Square would generate $7.3 bi...
April Tax Showers Bring May Revenue for State Budget image

April Tax Showers Bring May Revenue for State Budget

California’s soaring economy is giving Gov. Gavin Newsom more revenue, money he proposes using to prepare for a future downturn, pay off some deb...
Council CEO Skewers IPO Tax Proposal image

Council CEO Skewers IPO Tax Proposal

A proposal this week to tax IPO stock-based compensation brought swift condemnation from Bay Area Council CEO Jim Wunderman. In a San Francisco Chr...
Economic Institute Insights: Regional Job Growth Surges image

Economic Institute Insights: Regional Job Growth Surges

Bay Area job growth surged again in March led by gains in information and professional services in the San Francisco and San Jose metro areas, acco...
In Ominous Sign, Net Migration to Bay Area Turns Negative; First Time in a Decade image

In Ominous Sign, Net Migration to Bay Area Turns Negative; First Time in a Decade

In an ominous sign for the Bay Area economy and labor market, net migration to the region turned negative for the first time in over a decade. In o...
Oh Canada! New Report Highlights Strong Economic, Innovation Ties with Bay Area image

Oh Canada! New Report Highlights Strong Economic, Innovation Ties with Bay Area

Strong and growing economic connections between the Bay Area/Silicon Valley and Canada are helping fuel a vibrant cross-border exchange of talent, ...
Port of Oakland Delivering Big Economic Benefits image

Port of Oakland Delivering Big Economic Benefits

The Port of Oakland supports 84,144 jobs in the Bay Area and 20% of those jobs are Oakland-based, according to an economic impact study released Th...
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