The state-funded Legislative Analyst’s Office found California had “no job creation” in the fourth quarter of 2024, citing ...

However, identifying which individual jobs may be below or above a salary benchmark is a considerably more complex determination, according to both company and Department of Administration officials.

Earlier this week, economists with Goldman Sachs and Wells Fargo predicted that upcoming benchmark revisions scheduled to be published on August 21 by the Bureau of Labor Statistics would show a ...

Goldman Sachs believes this could lead to an erroneous downward revision of 300,000-500,000 jobs, as unauthorized immigrants have significantly contributed to employment growth.

Mercor, led by three 21-year-old Thiel Fellows, has raised $32 million in a Series A led by Benchmark at a $250 million valuation, twenty months its after founding.

The Department of Administration, in its press release, declares “72% of employees in benchmark jobs are paid At or Above Market rates compared to the market median (50th percentile)” and ...

Compared to that benchmark, more than 40% of the surveyed jobs are underpaid. Drygas says the state’s decision to look at the median salary obscures how much the state underpays its employees.

However, identifying which individual jobs may be below or above a salary benchmark is a considerably more complex determination, according to both company and Department of Administration officials.