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Monterey County Business, Economy & Jobs Digest



Advice From Former Superintendents on Retaining Those Still on the Job

01/30/2024

Five former California superintendents shared potential solutions for reducing the increasing turnover rate in their profession.

Should State Government Jobs Require a College Degree? Why California Is Rethinking Its Rules

01/30/2024

California is removing degree requirements from jobs, but state leaders differ about the right approach.

Will More Outdoor Drinking Give CA Economy a Buzz?

01/29/2024

State Sen. Scott Wiener wants to allow California cities and counties to designate “entertainment zones” where bars and restaurants could serve alcoholic drinks that people can consume on public streets and sidewalks.

California Gave Fast Food Workers a Seat at the Table. What Comes Next?

01/28/2024

A first-in-the-nation council will set work rules in the state’s fast food industry, but can labor and business agree?

Disneyland’s New Vision Includes Up to $2.5-billion Investment and Plan to Take Over City Streets

01/26/2024

Disneyland’s plan to reimagine the theme park into a more “immersive” experience may require up to $2.5 billion and a plan to privatize some Anaheim streets.

Did Legal Marijuana Help or Harm Californians? Here’s What the Data Says

01/26/2024

When California’s cannabis shops opened their doors six years ago this month, they inaugurated the world’s largest market for legalized recreational marijuana. What’s life like, after legalization?

Collapse of California’s News Industry Is So Severe It’ll Require Taxpayer Support to Rebuild

01/25/2024

A combination of tax credits, revenue sharing and coupons could bring stability, writes Steven Waldman, president of Rebuild Local News.

Education Department Says It Will Fix Its $1.8 Billion FAFSA Mistake

01/24/2024

Families have a lot of questions right now about how much help they’ll get paying for college—questions that financial aid offices can’t yet answer.

Invasive Flies Are Inching Closer Toward Ruining California’s Economy

01/24/2024

For months, the California Department of Food and Agriculture has been waging war on the oriental fruit fly, a voracious pest that can attack hundreds of types of fruits and vegetables.

Approaching Bay Area Deadline a ‘Test Case’ for California’s Housing Crisis

01/24/2024

On Jan. 31, dozens of cities and counties are expected to convert thousands of suburban-style tracts into apartment-ready parcels. Will the state hold them to it?

Will $20 Minimum Wage Crush Fast Food in California?

01/22/2024

Fast food lives in a consumer sweet spot: demand, convenience and relative affordability. And this pay hike—equal to minimum wage increases during the past five years—will create grand economic unknowns.

Cal State Faculty Strike Ends With Tentative Contract Agreement

01/22/2024

A Cal State systemwide strike secured what more than half a year of negotiations and partial strikes couldn’t: a deal.

350,000 Californians Are on the FAIR Plan, the Last Resort for Fire Insurance. Now What?

01/22/2024

As the FAIR Plan writes more fire-insurance policies, homeowners complain about poor service, rising costs and threats of getting kicked off.

As California Closes Prisons, State Spending Per Inmate Hits a New Record

01/22/2024

Locking up a California state prisoner for one year costs nearly twice as much as tuition at the state’s top private universities—due to inmate medical costs and pay boosts for prison guards and other workers.

How California Budget Rules Can Prevent Saving for a Rainy Day—and Why Newsom Wants to Change That

01/21/2024

The swing from a $100 billion surplus to a deficit somewhere between $38 and $68 billion in just two years illustrates the volatility of California’s tax system.

Ian Brand Expands Into Dorcich Facility

01/18/2024

Ian Brand, who owns the I. Brand custom crush facility in Salinas, was looking for room to grow. So he has leased the Dorcich winery in a major expansion.

Down Payment Assistance for First-Time California Homebuyers Relaunches with New Lottery

01/18/2024

State officials hope a lottery and an emphasis on first-generation homebuyers will make California’s most generous down payment assistance program more equitable.

CSU Strike: What to Expect

01/15/2024

Building off December’s one-day strikes, the California Faculty Association is striking Jan. 22-26, affecting the California State University system during the first week of the spring semester.

Deficit DĂ©jĂ  Vu: Structural Problems of California School Finance

01/15/2024

We need to have a serious discussion about supporting our education investments with stable revenue.

With AI, a ‘Spirit of Optimism’ Returns to San Francisco Start-Ups

01/15/2024

Bucking the “doom loop” narrative, many tech entrepreneurs say San Francisco is still the “it city” for innovation—especially with the rise of AI.

Legislature’s Analyst Gives Mixed Review of Newsom Budget

01/13/2024

Gov. Gavin Newsom’s recipe for digging the state out of a multibillion-dollar budget hole has “strengths and weaknesses” while his revenue projections are “plausible, but optimistic,” the nonpartisan analyst’s office said.

Fourth Graders Might Lose Free Access to California State Parks

01/12/2024

California’s projected budget deficit of close to $38 billion likely means some cuts are coming. Among them, Gov. Gavin Newsom has proposed ending the California State Park Adventure Pass, which offers free access to some state parks for fourth graders.

CSU Monterey Bay launches $1.4 million partnership with Pebble Beach

01/11/2024

California State University at Monterey Bay and Pebble Beach Company unveiled a new $1.4 million hospitality program, built on an existing partnership.

Newsom Talks Projected $37.9 Billion Deficit

01/10/2024

Gov. Gavin Newsom has proposed that lawmakers tap a rainy day reserve and that a minimum wage increase for health care workers be delayed to help the state fight a $37.9 billion deficit. This projection is more than double what Newsom and other officials had anticipated last year.

Iconic California Restaurant Closes Without Warning

01/10/2024

Pea Soup Andersen’s, a Buellton, Calif., restaurant just shy of its 100th birthday, closed suddenly. The restaurant's other location, near Interstate 5 in Santa Nella, remains open.

State Trying to Use Generative AI to Reduce Traffic

01/08/2024

Caltrans has set a Jan. 25 deadline for tech companies to show how generative artificial intelligence might reduce traffic congestion in the state. This follows an executive order that Gov. Gavin Newsom signed in September related to this type of AI.

Audacy Bankruptcy Could Impact Six Bay Area Radio Stations

01/08/2024

Philadelphia-based Audacy, which has filed for Chapter 11 bankruptcy with $1.9 billion in debts, owns six radio stations in the Bay Area. These include 95.7 The Game, KCBS and 102.1 Jams.

Big Sur Chamber Chief Departs After Nearly 25 Years

01/05/2024

A long-serving business community leader in Big Sur has called it quits after being at the helm of an organization that served not only businesses but the populace during good and bad times.

San Diego County Schools Face Post-Pandemic Funding Woes

01/04/2024

San Diego Unified School District has received more than $700 million in federal and state relief funds since the beginning of the COVID-19 pandemic. Now, with these funds ending, some schools could be facing serious deficits.

Sacramento Councilman Under Federal Indictment Resigns from Office

01/04/2024

Sean Loloee, a first-term Sacramento councilmember, has resigned from office—a move that came weeks after he was federally indicted on charges related to his business Viva Supermarkets.

Monterey County Hospitals are So Expensive Even Fully Insured Patients Avoid Them

01/03/2024


High prices at hospitals in Monterey County are “an anomaly even among the most expensive” communities in California. One insurance plan there saves money by paying for members’ travel to other counties for procedures.

Santa Cruz Mountain Brewing Sells to Local Buyers

01/02/2024

Santa Cruz Mountain Brewing has been acquired by Adair Paterno of Sante Adairius Rustic Ales and Brad Clark of Private Press Brewing, which focuses on malt-forward and barrel-aged craft beer.

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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