Category Archives: California

California Solar Is Ready for EV

California electricity consumption from all sources is currently running at 255 TWh per year. (For comparison, the United Kingdom is currently running at roughly 335 TWh per year). And, last year, solar provided over 27 TWh of power to California, just over 10% of the state’s total demand. About a third of that solar was […]

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The Dawn of the Great California Energy Crash

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website, Peak Prosperity.com. Accordingly, I’ll be publishing the first (and free) part of these essays here at w88ประเทศไทย www.pinyourcrafts.com. Enjoy. — Gregor California, which imports over 25% of its electricity from out of state, is in no position to lose […]

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California’s Employment Picture

Total employment in California pulled back in June from a recovery high of 16.5 million, set in May. This data series has been volatile, with annual revisions each year that have shifted the trough in total employment between early 2009 and early 2010. For now, the low was set in November of 2009, at 15.93 […]

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Food Stamp Use Picks Up Again, In Los Angeles County

After a winter lull, food stamp participation in Los Angeles County picked up again in March, to rise to a new all time high of 1,036,078 persons. Other economic data points to weakness in the nation’s largest state economy, as well. Indeed, falling tax collections are largely behind the recent budget deficit blowout of 16 […]

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Food Stamp Use in L.A. Pauses At the Million Mark, Awaiting Oil’s Next Move

For the first time in several years, the rate of growth in Los Angeles County food stamp use has slowed. That’s little consolation however given that total participation zoomed from just above 600,000 to over 1,000,000 people since the onset of the financial crisis. As longtime readers know, I’ve tracked the series as a backdoor […]

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As California Headed Back into Recession, the San Francisco FED Was Declaring Recovery

In February of this year John Williams, head of research at the San Francisco Federal Reserve, gave a speech at Stanford in which he asserted the US economy had finally recovered, with 2011 real GDP expected to expand by 4.00% and then by 4.5% in 2012. (see:? The Fed’s John Williams: recovery has achieved “liftoff”, […]

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Ceiling at 16: California’s Lack of Recovery

Total employment in California fell in June from 15.974 million to 15.910 million. The bigger story however is that, in addition to making a lower low in 2010, California employment never regained the 16 million mark first achieved early last decade. This is yet another way to understand how the American economic system, while still […]

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Noise, Not a Recovery

The State of California reported a loss of 29,000 non-farm payrolls in May. Actually, California added 88,000 jobs in May when using the total employment data for the month. However, as I have pointed out over the past year, these oscillations are just noise. Our nation’s largest state faces a protracted, structural level of unemployment […]

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Janet Yellen’s QE2 Promise Now Dying on the Vine, in California

California reported its April jobs data on Friday. The LA Times repeated the figure, laid out in the report from EDD, that on a year-over-year basis the state had created 144,000 jobs. What The LA Times did not clarify is that these were non-farm payrolls. For the fuller picture of the Golden State’s job market, […]

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To Eat and Survive in LA: On Track for a Million Food Stamp Users

Los Angeles County food stamp users are now on track to reach the 1,000,000 mark by later this year. After the California housing market cracked in 2006, and leading into the financial crisis of 2007-2008, LA County food stamp recipients were registering at the 625,000 level in the Spring of 2008. March 2011 shows that […]

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