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California Commission for Jobs and Economic Growth Releases Mid-year Update; Plenty of Reasons to Be Optimistic about the State's Economic Prospects.


SACRAMENTO Sacramento, city, United States
Sacramento (săkrəmĕn`tō), city (1990 pop. 369,365), state capital and seat of Sacramento co., central Calif.
, Calif. -- The California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Commission for Jobs and Economic Growth, a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
 statewide economic development group, issued its mid-year update this week and sounded its optimism that the state will continue to grow its economy and add new jobs.

Commission Executive Director Mark Mosher A mosher is a person who is crossed between goth/punk/skater they have long hair and listen to music like slipknot and metal music. Some people call them headbangers. At certain music shows they have something called a mosh pit, basically its a fight pit with loads of people bashing each other.  cited statistics from the state Employment Development Department indicating that California has added 84,600 new jobs in the first five months of 2005. That brings to more than 250,000 the number of jobs added since Governor Schwarzenegger and the Legislature enacted comprehensive workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work.  reforms last year.

Those reforms, which were developed in response to employer complaints that skyrocketing workers' compensation costs were a chief barrier to growth, have already reduced pure premiums by an average of 30%.

Mosher also pointed to dramatic improvements in a number of other key economic statistics as evidence that California's economy is making a strong and sustained comeback Comeback

Australian breed of wool sheep, bred by crossing Merino with Corriedale, Polwarth or Zenith sheep; wool is 21 to 25 microns. It is a registered breed, but the term is more commonly used in the sense of a type of sheep produced by crossbreeding a crossbred Merino back to Merino.
 from the 2001 recession:

--California non-farm employment reached a record high of 14,738,600 in May.

--Though it accounts for only 12 percent of the nation's population, California in May accounted for nearly 23 percent of jobs created nationwide.

--The 254,500 jobs California created from May 2004 to May 2005 exceeded the national job growth rate.

--California enjoyed job growth in 10 of 11 major industry sectors.

--The state's unemployment rate in May fell to its lowest point (5.3 percent) since June June: see month.  2001, and has dropped one full percentage point since May 2004.

"The strong economic news and the Governor's success in controlling spending and holding the line on taxes have been instrumental in helping the Commission get out its message that California is serious about creating an environment that is favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 to employment," said Warren Hellman Hell·man   , Lillian 1905-1984.

American playwright whose works concern sensitive political and social issues, such as lesbianism in The Children's Hour (1934) and interracial relations in Toys in the Attic (1960).
, who serves as co-chairman of the independent, volunteer Commission along with Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  attorney Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria
Bokkos, Daffo

West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member
 Olson Olson may refer to:
  • Olson (constructor), a former racing car constructor
  • Olson Software
  • Olson database, also known as zoneinfo database
  • Sigurd Olson Environmental Institute
  • Olson (surname), people with the given name Olson
.

"Californians remain focused on two of the most important things that will help the state succeed: improving the economy and creating jobs," said Hellman, who is chairman and co-founder of a private equity investment firm in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . "And their focus is paying off."

The Commission's mid-year progress report outlined some of the work it has been doing to promote the state's economy, businesses, products and services. The report was accompanied by a roster of Commission members and a list of its donors.

David Crane David Crane may refer to:
  • David Crane (comic strip), created by Win Mortimer.
  • David Crane (talent agent), job-finder, talent coach for TV news talent.
  • David Crane (programmer), video game designer, programmer and co-founder of Activision.
, an honorary Commission member and a special economic advisor to Governor Schwarzenegger, said it makes good sense for independent groups like the Commission to promote the fact that California is actively growing jobs and its economy.

"Employers have told us over and over again that they'll they'll  

Contraction of they will.

they'll will
 be able to hire more workers if the Legislature follows the Governor's lead in focusing on cost reduction and infrastructure improvement," Crane said. "And to make California's recent improvements even more effective, employers inside and outside the state need to know things have changed for the better. That's why it's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 very helpful when independent groups such as the Commission tell the world about the new approach in California."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mosher, the Commission will focus over the next six months on expanding its work and continuing to build on its momentum.

"We've we've  

Contraction of we have.

we've have
 done some good work over the past six months and we made some big-splash headlines last year with the Governor's help that drew prominent national and international attention to California's new 'open for business' attitude," Hellman said. "We are continuing to build on that, recruiting new employers and other members to the Commission, executing our agenda and doing the difficult work of growing the state's economy and creating more jobs."

For more information about the California Commission for Jobs and Economic Growth, visit the Web site at www.4cajobs.com.

The California Commission for Jobs and Economic Growth is an independent, member-supported California nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. . The Commission works to attract and retain employers and jobs in California and to market the state across the country and around the world as a place to do business, visit, invest and buy products and services. Governor Schwarzenegger and several members of his administration serve as honorary members.

California Commission for Jobs and Economic Growth: Activity Update for the first six months of 2005

Promotion, Outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public.  and Partnerships

--Promoted California's economic progress statewide and to national and international audiences through various media activities and events.

--Promoted California economic interests among key foreign trading partners, including China and Japan, and pursued opportunities to create and/or and/or  
conj.
Used to indicate that either or both of the items connected by it are involved.

Usage Note: And/or is widely used in legal and business writing.
 open new markets.

--Provided strategic and tactical assistance to economic development organizations statewide to help in their recruitment and retention of employers.

--Partnered with numerous local, state and federal agencies to leverage existing resources and activities focused on growing the state's economy.

Advocacy, recruitment and development

--Secured letters of advocacy from Governor Schwarzenegger on behalf of California companies seeking to expand their businesses into foreign markets and also to develop partnerships with foreign companies looking to expand within California.

--Promoted continued U.S. Department of Energy and Department of Defense funding of UC Berkeley Berkeley (bûr`klē), city (1990 pop. 102,724), Alameda co., W Calif., on the E shore of San Francisco Bay just N of Oakland; inc. 1878. Originally (1820) part of a Spanish rancho, the site was purchased by Americans in 1853.  and Lawrence Berkeley National Laboratory Lawrence Berkeley National Laboratory and Lawrence Livermore National Laboratory, scientific research centers run by the Univ. of California, located in Berkeley, Calif., and Livermore, Calif., respectively. , whose technology transfer programs produce new companies and create jobs.

--Worked directly with U.S. companies and business delegations from foreign companies, including China, Japan, Denmark and France, to help them explore opportunities to expand into California.
COMMISSION MEMBERS

Martha Diaz Aszkenazy  President, Pueblo Contracting Services, Inc.

Douglas Barnhart       CEO, Douglas Barnhart, Inc.

Ernest Bates, M.D.     Chairman and CEO, American Shared Hospital
                       Services

Frank Baxter           Chairman Emeritus, Jefferies & Company, Inc.

Rachel Berliner        Co-Founder, Amy's Kitchen

Andy Berliner          Co-Founder, Amy's Kitchen

David Booth            Chairman, CEO and Chief Investment Advisor,
                       Dimensional Fund Advisors

John Bryson            Chairman, President and CEO, Edison
                       International

Peter Chernin          Chairman and CEO, Fox Entertainment Group,
                       News Corporation

Lee Clow               Chairman and Chief Creative Officer,
                       TBWA/Chiat/Day

John Cushman III       Chairman, Cushman & Wakefield

Lloyd Dean             President and CEO, Catholic Healthcare West

Robert Dynes           President, University of California

Donald Fisher          Chairman, Gap Inc.

Paul Folino            Chairman and CEO, Emulex

Robert Glynn, Jr.      Chairman, PG&E Corporation

Russell Goldsmith      Chairman and CEO, City National Bank

Barbara Grimm-Marshall Co-Founder, Grimmway Farms

F. Warren Hellman      Chairman, Hellman & Friedman

Sandra Hernandez, M.D. CEO, San Francisco Foundation

Bruce Karatz           Chairman and CEO, KB Homes

Martin Koffel          Chairman of the Board and CEO, URS Corporation

Dick Kovacevich        Chairman and CEO, Wells Fargo & Company

Hong Lu                Chairman and CEO, UTStarcom

Mark Mosher            Executive Director

Angelo Mozilo          Chairman and CEO, Countrywide Financial

Ronald Olson           Attorney, Munger, Tolles & Olson

Patricia Salas Pineda  Group Vice President, Corporate Communications,
                       and General Counsel, Toyota

Art Pulaski            Executive Secretary, Treasurer, California
                       Labor Federation

Duane Roth             Chairman and CEO, Alliance Pharmaceutical
                       Corporation

Steven Sample          President, University of Southern California

Terry Semel            Chairman and CEO, Yahoo! Inc.

George Shultz          Member, Council of Economic Advisors; Former
                       U.S. Secretary of State

Paul Wachter           CEO, Main Street Advisors

John Wilhelm           President, Hotel Employees and Restaurant
                       Employees International Union


                           HONORARY MEMBERS

Arnold Schwarzenegger  Governor of California

Victoria Bradshaw      Secretary, California Labor and Workforce
                       Agency

Sunne Wright McPeak    Secretary, Business, Transportation and
                       Housing Agency

Tom Campbell           Director, California Department of Finance

David Crane            Special Advisor to the Governor for Jobs
                       and Economic Growth


                     Commission Donors (2004-2005)


Douglas Barnhart, Inc.     $35,000

Frank Baxter               $50,000

Amy's Kitchen              $5,000

David Booth                $75,000

Southern California Edison $100,000

TBWA/Chiat/Day             $100,000 (including in-kind support)

Cushman Wakefield          $30,000

David Crane                $15,000

Catholic Healthcare West   $100,000

Emulex                     $25,000

PG&E                       $100,000

City National Bank         $25,000

Grimmway Farms             $50,000

Warren Hellman             $100,000

KB Home                    $50,000 (including in-kind support)

Wells Fargo & Company      $100,000

East West Bank Corp.       $20,000

Toyota/NUMMI               $25,000


Total                      $1,005,000
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Publication:Business Wire
Date:Jul 9, 2005
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