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Drought still not bringing down the economy

Drought still not bringing down the economy

STOCKTON –  The Center for Business and Policy Research at the University of the Pacific maintains its view that California’s economy will remain strong despite sluggish national growth and a deepening drought.

The center boosted its projection of 2015 job growth to 2.8 percent, up from a 2.3 percent forecast in January  They project the state’s unemployment rate will drop below 6 percent by the end of the year and job growth is predicted for 1.8 percent in 2016.

The center predicts that the drought will have a relatively small, .25 percent, reduction of the gross state product. The center expects the drought to continue to have substantial impact on the environment and lifestyles, however... Read More

Low income families get assistance to go green

Low income families get assistance to go green

The California Air Resources Board is starting a pilot program that will help low-income families in the Greater Los Angeles area and San Joaquin Valley afford to scrap old polluting vehicles in favor of newer cleaner cars, such as a Toyota Prius, Honda Insight or Chevy Volt.

The program gives up to $12,000 to families that meet income criteria toward the purchase of an electric car. The program gives increasingly larger payouts to the lowest-income families to move up to the very cleanest cars... Read More

It's a bike... uh... an electric bike... no it's both! GenZe Bike tours San Joaquin USA this week

It's a bike... uh... an electric bike... no it's both!  GenZe Bike tours San Joaquin USA this week

Touted as the "electric vehicle for the urban commuter", electric bike and scooter manufacturer GenZe stopped by the San Joaquin Partnership Board of Directors' meeting this week to demonstrate its new products. CEO Gurmeet Naroola, looking for the opportunity to collaborate with San Joaquin County cities in reducing street congestion and air pollution, offered to work with public agencies by lending them 1,000 bikes. Partnership President & CEO Mike Ammann met Naroola at the May 15-17 TiECon conference in Santa Clara and believing it would be a mutually beneficial experience, has arranged for Naroola and GenZe head of sales, Kevin Barnett, to tour San Joaquin County. They met with Esperanza Vielma at Cafe Coop who helped facilitate the tour. "This meeting and tour demonstrates the importance of the Partnership's connection with TiE (The Indus Entrpreneurs) and our "Greater Silicon Valley" marketing program," said Ammann at the conclusion of the Board meeting.

New farm positions help ease valley unemployment rate

New farm positions help ease valley unemployment rate

STOCKTON – The unemployment rate continues to drop in the Central Valley. Merced County saw the biggest decline, dropping 1.1 percent from March to April, to 11.6 percent.

The San Joaquin County rate dropped to 8.8 percent in April from 9.4 percent in March while Stanislaus County’s rate dropped from 10.3 percent to 9.8 percent... Read More

Drought’s impact on farm labor proving unpredicable

Drought’s impact on farm labor proving unpredicable

STOCKTON – The impact of the drought on the state’s farm workers has been smaller than expected according to the latest state and federal statistics.

California farms employed about 417,000 workers per month, in 2014. That total was up by 6,000 from 2013, state figures show. Farm employment increased by about 30,000 from 2004 to 2014.

Those farmworkers were also being paid more in 2014 than in the past. The average front-line farm worker earned $9 per hour, still among the lowest paid workers in California, but a 2 percent increase from 2013... Read More

Top reasons home sales fall through

Top reasons home sales fall through

Michael Blower

When you enter into a real estate transaction, whether you’re buying or selling, you can be fixated on getting the sale done. There’s typically excitement or anticipation that comes with this, and while you might be focused on the big picture, it’s the small details that often make or break a deal.

Below are some things to pay attention to during the process. However, your best bet for having a successful transaction is to consult a real estate professional.

Transactions fall apart for a variety of reasons. Here are the most common culprits:... Read More

Cal Weber 40 to bring affordable housing to downtown Stockton

Cal Weber 40 to bring affordable housing to downtown Stockton

STOCKTON — Construction is underway on Cal Weber 40, the first housing project in downtown Stockton since the Great Recession.

The partners involved in the project held a groundbreaking ceremony in the building at California Street and Weber Avenue for city officials and reporters Thursday morning. No actual ground was broken, however. Construction on the project began March 23... Read More