Gross Domestic Product, 2nd Quarter 2020 Drops 32.9%, U.S. Economy Shrinks By Almost a Third

Gross Domestic Product, 2nd Quarter 2020 Drops 32.9%, U.S. Economy Shrinks By Almost a Third

Washington, DC…Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update. Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. The […]

Governor Newsom Releases Final Water Resilience Portfolio

Governor Newsom Releases Final Water Resilience Portfolio

Sacramento, CA…Governor Gavin Newsom released a final version of the Water Resilience Portfolio, the Administration’s blueprint for equipping California to cope with more extreme droughts and floods, rising temperatures, declining fish populations, over-reliance on groundwater and other challenges.  The portfolio outlines 142 state actions to help build a climate-resilient water system in the face of climate […]

Teachers Union Says Legislative Funding Proposal Takes a Pass on Opportunity to Right Decades of Wrongs, Ongoing Racial, Health and Economic Injustice

Teachers Union Says Legislative Funding Proposal Takes a Pass on Opportunity to Right Decades of Wrongs, Ongoing Racial, Health and Economic Injustice

Sacramento, CA…The California Teachers Association reinforces its call for much-needed increased funding for schools and communities by eliminating corporate tax credits and adopting tax hikes on California’s wealthiest billionaires and millionaires. The COVID-19 pandemic crisis is deepening the impact of racial, health and economic injustices in every corner of the state. CTA calls on lawmakers […]

President Trump on COVID-19 Vaccines, Testing, Therapeutics & More from North Carolina

President Trump on COVID-19 Vaccines, Testing, Therapeutics & More from North Carolina

Morrisville, North Carolina…Thank you very much. Great to be in this wonderful state. So many friends, so much success, and we love being here. And we’re here, actually, today to discuss the exciting progress that we’ve achieved under the Operation Warp Speed — our historic initiative to develop, test, manufacture, and deliver a vaccine in […]

Governor Closes All Dine-In Restaurants, Bars, Wineries & Tasting Rooms Statewide Effective Immediately

Governor Closes All Dine-In Restaurants, Bars, Wineries & Tasting Rooms Statewide Effective Immediately

Sacramento, CA…California is monitoring COVID-19 closely in each local community and keeping the public informed. We’re teaming up with counties to fight it with every tool we have: current local data, testing, contact tracing, infection control, emergency supplies, containment measures, and more. Counties should be ready to restore limitations if outbreaks increase. The State Public […]

Reader’s Digest Reveals the 50 “Nicest Places in America 2020

Reader’s Digest Reveals the 50 “Nicest Places in America 2020

New York, NY….Reader’s Digest unveiled today the 50 Nicest Places in America 2020: United in Kindness, stories of communities in every state where people have come together to make each other’s lives better. In response to the fourth annual search, conducted in partnership with neighborhood platform Nextdoor, readers submitted a record 1,177 stories of solidarity and hope as […]

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

Washington, DC…Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and […]

2,123,000 Jobless Claims Last Week, Down 323,000 From Previous Week

2,123,000 Jobless Claims Last Week, Down 323,000 From Previous Week

Washington, DC…The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims. In the week ending May 23, the advance figure for seasonally adjusted initial claims was 2,123,000, a decrease of 323,000 from the previous week’s […]

Counties Statewide Can Reopen Places of Worship for Religious Services and Retail Stores

Counties Statewide Can Reopen Places of Worship for Religious Services and Retail Stores

Sacramento, CA…The California Department of Public Health today announced the statewide reopening of places of worship for religious services and in-store retail shopping. Modifications are required to keep Californians safe and limit the spread of COVID-19. Subject to approval by county public health departments, all retail stores can reopen for in-store shopping under previously issued […]

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