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California Construction Job Turnover Rate Is 17.0%

California Construction Job Turnover Rate Is 17.0%

Mike LaFirenza As with many industries, the construction industry experienced major setbacks in the early days of the COVID-19 pandemic. Construction projects across the U.S. stopped, and employment in the industry fell by 14% from March 2020 to April 2020. While the industry has since rebounded, in part due to a nationwide housing boom and […]

California Is 4th Best State For Warm Winter Camping

California Is 4th Best State For Warm Winter Camping

Mike LaFirenza With the emergence of coronavirus variants and continued concerns about the state of the economy, the travel and tourism industry continues to face an uncertain recovery. But one segment of the industry has fared well during the pandemic: camping, RVing, and other forms of outdoor recreation. After much of the world shut down […]

California Is The 17th Best-Paying State For Construction Managers

California Is The 17th Best-Paying State For Construction Managers

Mike LaFirenza While many industries suffered during the pandemic, construction kept going strong amid low interest rates and increased housing demand. Ironically, even though construction is booming, firms are having a hard time finding labor. Experts are divided on why this is, but one prevailing notion is that many people see construction as a job […]

California Sees 65.6% Increase In Six-Figure Jobs

California Sees 65.6% Increase In Six-Figure Jobs

Mike LaFirenza One of the COVID-19 pandemic’s most significant long-term effects on the economy could be rising wages. With widespread shortages in the labor market reported this summer, many employers—particularly those with lower-wage employees—have tried to entice workers with improved compensation and benefits. These trends have led to the fastest rates of wage growth since […]

California Had 4th Most Mortgage Delinquencies During The Great Recession

California Had 4th Most Mortgage Delinquencies During The Great Recession

Mike LaFirenza More than 18 months into the COVID-19 pandemic, much about the pandemic-era economy remains unusual and difficult to analyze. From a labor market that has both worker shortages and high unemployment to supply chain breakdowns and inflation fears, it has been a challenge to assess the true state of the economy and what […]

California Homeowners Spend Most On Housing

California Homeowners Spend Most On Housing

Mike LaFirenza Housing prices in the U.S. have been on a steep upward trajectory over the last year and are continuing to climb. Unusual economic conditions, strong demand for homes, and record low inventory have made the residential real estate market highly competitive and sent prices skyrocketing. According to data from the Department of Housing […]

California Has 13th Worst Teen Drinking And Driving Problem in U.S.

California Has 13th Worst Teen Drinking And Driving Problem in U.S.

Mike LaFirenza One of the most dangerous acts a teenager can commit is getting behind the wheel after drinking. Young drivers are already higher-risk than other age groups due to their inexperience, their likelihood of being distracted while driving, and the higher prevalence of dangerous behaviors like speeding or not wearing a seatbelt. When alcohol […]

California First Responders Earn $78,957 Per Year, Most in U.S.

California First Responders Earn $78,957 Per Year, Most in U.S.

Mike LaFirenza Between the COVID-19 pandemic, more intense hurricanes, and ongoing wildfires impacting the western U.S., first responders are being challenged more than ever. While first responders are on the front lines during emergencies and face more danger than most people do in their occupations, they don’t earn much more. According to data from the […]

California Has 6th Most Government Debt Per Capita

California Has 6th Most Government Debt Per Capita

The COVID-19 pandemic has had enormous impacts on state and local governments by reducing tax revenue, causing widespread unemployment, and increasing healthcare costs. In addition to reducing spending and, in some cases, raising taxes, state governments have relied on debt to address their budget shortfalls during the pandemic. According to data from the U.S. Census […]

20.2% Increase In California Construction Employment, 10th Largest In U.S.

20.2% Increase In California Construction Employment, 10th Largest In U.S.

By Mike LaFirenza While the potential for trillions of dollars of new infrastructure spending looms on the horizon, America’s construction industry is struggling to even keep pace with current demand for new homes, businesses, roads, and bridges. A shortage of supplies and employees has created ongoing challenges for construction firms and their customers. “The home […]

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