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Monterey County Business, Economy & Jobs Articles



Monterey County Weekly logo LOCAL NEWS
Farmers face rising costs due to inflation, but many are locked into contracts signed long ago.

Consumers are seeing the prices of groceries rise on the shelves. Behind the scenes of food production, Monterey County’s growers are experiencing an increase in costs, but so far that hasn’t translated to higher sales prices for them.

Image caption: Building new wind farms off the California coast is the next step in meeting the state's goal of 100 percent renewable energy by the year 2045.
Offshore Wind Energy: Key to State’s Clean Energy Goals

Wind power is essential to meeting California's goal of 100 percent clean energy by 2045. Moving wind farms offshore is the next step. Sites off of Morro Bay and Eureka will soon be leased by the federal government.

Monterey County Weekly logo LOCAL NEWS
County walks a tightrope between taxation and a flailing cannabis industry.

More than 60 percent of cannabis cultivators in Monterey County owe unpaid taxes to the county, a reflection of a once-booming local industry facing oversupply and variable market conditions. Responding to the industry’s cries for aid, county officials are preparing…

Salinas Valley Tribune logo LOCAL NEWS
Voting period opens for Gonzales Special Tax Measure Election

GONZALES — Voters in Gonzales will begin receiving ballots for the City of Gonzales’ Special Tax Measure Election, which is an all-mail ballot election from Aug. 1 through Aug. 30. If approved, Measure D would establish a Special Temporary Gonzales …

Monterey County Weekly logo LOCAL NEWS
Is California headed for an economic downturn? Some early signs point to yes.

Some cautionary economic signals are gaining strength in California just a month after Gov. Gavin Newsom and state lawmakers adopted a record-breaking $308 billion budget.

Monterey County Weekly logo LOCAL NEWS
Pacific Grove voters will decide on two big issues: cannabis and shrinking the city council.

America’s Last Hometown, the small town with an oversized city council that famously came late to the legal liquor sales party in 1969, is possibly due for two major changes come the Nov. 8 election. The Pacific Grove City Council…

King City Rustler logo LOCAL NEWS
Union objects to new grocery store project in King City

KING CITY — Union management of United Food and Commercial Workers (UFCW) Local 5 in Salinas is contesting the approval of a new discount grocery store for King City. King City Council recently approved plans to bring a Grocery Outlet …

Monterey County Weekly logo LOCAL NEWS
Cannabis growers tell the county they need a tax freeze for the industry to survive.

As the cannabis industry continues to thrive across California, Monterey County growers have faced a dilemma: pay a hefty cannabis business tax, or face potential closure. Meanwhile, the county Board of Supervisors also faces a dilemma: freeze cannabis taxes granting…

Monterey County Weekly logo LOCAL NEWS
The state makes a play to save the Diablo Canyon nuclear power plant amid volatile energy reality.

What began with a pitch by two former U.S. energy secretaries in a Los Angeles Times op-ed in November 2021 has snowballed into a contentious scramble by federal and state officials to potentially break a 6-year-old agreement and significantly shift…

Monterey County Weekly logo LOCAL NEWS
The long-dormant Paraiso Springs Resort project gets an extension on construction.

Set in a canyon at the eastern base of the Santa Lucia Mountains, the Paraiso Springs Resort calls for 73 timeshare units and a 103-room hotel. The project was approved by the Monterey County Planning Commission in October 2019.

Monterey County Weekly logo LOCAL NEWS
As downtown Salinas undergoes a revitalization, one still-vacant building has yet to find a suitor.

A curious thing happened in Salinas amid the pandemic, when many Americans began working remotely and offices emptied out: The vacancy rate for office space decreased, bucking the national trend.

Monterey County Weekly logo LOCAL NEWS
After a pandemic pummeling, midscale restaurants are doing more than just hanging on.

Dave Faries here, looking back at the time a Dallas steakhouse added a burger and fries to their menu.

Image caption: Thousands of homeowners have been kicked off their fire insurance policies.
California Fire Insurance Crisis: How the State Helps Homeowners

As California insurance companies have revoked the fire policies of thousands of homeowners, the state has taken steps to get them covered again.

Image caption: The U.S. Supreme Court struck a blow at a two-decade-old California workers' rights law.
SCOTUS Scales Back Law Allowing Employee Lawsuits

The U.S. Supreme Court scaled back California's Private Attorney Generals Act, a 19-year-old law allowing workers to sue employers over labor code violations. But a new ballot initiate aims to repeal PAGA completely.

Image caption: The cycle of crime and homelessness is escalating, but it doesn't have to be that way.
Homelessness and Crime in California: Even More Complex Than You Think

The links between homelessness and crime are complex, and the idea that unhoused individuals present a danger to their community seems to be exaggerated.

Image caption: Immigrants continue to shape the face of California today.
California’s History of Immigration: How Immigrants Built the State

From long before it became a state, to the present day, immigration has shaped California—but they have often been treated poorly. Here’s how immigrants helped build California, through the state’s mixed history with immigration.

Image caption: Some of California's largest tech forms, such as Facebook, would be hit hard by a new Texas law.
Supreme Court Protects California’s Social Media Giants

A Texas law that would have placed cumbersome restrictions on social media companies has been blocked by the U.S. Supreme Court, in an unusual alliance between liberal and conservative justices.

Image caption: Bitcoin and other cryptocurrencies lost more than half of their value in just six months.
The Great Crypto Crash of 2022, Explained

Crypto investors have seen more than half of their cryptocurrency value wiped out in six months. What is crypto, and what caused the great crash of 2022?

Image caption: ATMS were one of the earliest forms of online networked banking.
How Cash Went Digital

Before crypto, banking began moving into the digital world as far back as 1953. Here's a brief history of how computers and the internet changed finance.

Image caption: Diablo Canyon nuclear power plant in San Luis Obispo County, California.
Nuclear Power in California: The Good, the Bad and the Ugly

California may soon shut down its last nuclear power plant, but Gov. Gavin Newsom who once championed the closure has had a change of heart. Federal funds may now keep the plant running.

Featured

Water is a human right under California law, but it doesn’t always work out that way.
Agriculture and Water Shortages in the State’s Breadbasket, Explained
There are many causes contributing to this crisis. And as you may already know, this situation really is nuts.
The cycle of crime and homelessness is escalating, but it doesn't have to be that way.
Homelessness and Crime in California: Even More Complex Than You Think
What causes the cycle of homelessness and crime, and how to stop it.
Thousands of homeowners have been kicked off their fire insurance policies.
California Fire Insurance Crisis: How the State Helps Homeowners
The state tries persuading insurance companies to cover homes in fire zones.
Moss Landing in Monterey Bay is the world’s largest battery storage facility for solar and other renewable energy.
Solar Power and California’s Clean Energy Goals
How the sun is helping push the state toward 100 percent renewable energy.
Owning homes is the primary way the middle class builds wealth, and an option no longer available to most Californians.
Is California’s Housing Crisis Making Inequality Worse?
California has some of the worst economic inequality in the United States. Is housing a cause? Could it be a cure?
Though life expectancy has declined in recent years, Californians still live longer than most Americans.
Want to Live a Long, Healthy Life? Move to California
Californians live longer than people in all but three states, but not all counties are equal.
They help feed the whole country, but life for California’s farm workers remains a struggle.
How California Feeds the Country
California, a state known for high-tech and show business glitz, is also America’s farming powerhouse.
Zoning laws tell you what you can and can't build on the property you own. How does government get away with that?
How Zoning Laws Shape California and Society
Zoning is everywhere, but is it a way to regulate development or a tool for social engineering?
How California reclamation districts turned millions of acres of wetlands into fertile agricultural land, starting in the earliest days of the Gold Rush.
Reclamation Districts: Turning ‘Swamps’ Into Farmland
From its earliest days as a state, California has been trying to turn marshes into productive land.
Long-duration energy storage, such as this thermal energy storage facility, allows renewable energy sources to operate at full capacity without overloading the power grid.
How California Leads the Race For Long Duration Energy Storage
For renewable energy sources such as solar and wind to be viable, ways to store the power they create are essential.
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