Economy

This category contains 21 posts

Educational workshops to address consumer credit and loan problems


Stockton— “Educational Workshops about credit and debt in our community will benefit our residents,” said Rosalinda Galaviz, Community Advocate in South Stockton.

“I have seen cases of individuals who cannot find an apartment or a house to live because their credit is hurting them,” Ms. Galaviz elaborated, “in the case of a Stockton resident, ‘I know,’ she is living with a friend by renting a room because her student loans as well as some medical bills are hurting her credit…”

During the morning of March 8th, —at the Kennedy Center located on Southeast Stockton—  Housing and Economic Rights Advocates and local Officials released information of a new monthly workshop series aim to educate local residents about mortgage and debt collection issues.

“We’re excited to be bringing more of our energy and focus into the Valley, and we’re starting with San Joaquin County,” said Maeve Elise Brown, Executive Director of HERA.

San Joaquin County Officials praised the plan, “I think HERA can help fulfill a need,” highlighted San Joaquin County Deputy District Attorney, James Lewis as he acknowledge underserved residents in the community.

Monica Hernandez is looking forward to the information because, “my ex-husband has drown my credit.”  Hernandez has been looking for help on reestablishing her credit as she would like to become a homeowner in a near future.

“Having the workshops southeast Stockton is great!” Galaviz acknowledge that some residents may encounter transportation issues; but, “by bringing the clinic to the neighborhood it helps.”

The series is underwritten by a grant from San Francisco-based van Löben Sels/RembeRock Foundation and the presenters will be offered by the Oakland based, Housing and Economic Rights Advocates.

HERA is a not-for-profit legal service and advocacy organization dedicated to helping California residents —particularly those most vulnerable.  The organization has been building a safe, sound financial future, free of discrimination and economic abuses, in all aspects of household financial concerns.

The San Joaquin County Human Services Agency and HERA are working together in elaborating the workshops and legal clinics calendar which will soon be published.  Anyone may obtain more information about the workshops by contacting Erté Boyette, Community Program Manager at (209) 468-1549 or by contacting HERA at (510) 271-8443.

Bilingual Weekly (BW News) – Your source of Local news covering topics of Latino interest in Stockton, California; and San Joaquin County.

Forecasting our local Business Outlook: Hispanic Chamber of Commerce hosts 2016 Conference


STOCKTON — On Wednesday January 6th, More than 250 business owners and corporate representatives gathered at the University of the Pacific’s DelaRosa University Center to learn at the 2016 Business Forecast Conference.

The Conference organized by the San Joaquin County Hispanic Chamber of Commerce offered four speakers with different insight to 2016’s economic outlook.

Jeffrey Michael, Director of the Center for Business and Policy Research at University of the Pacific projected that San Joaquin’s prospects may be brighter than the rest of the nation expects the 3.4 percent job growth of San Joaquin to reach 3.7 percent in 2016.

“Stockton is the 4th in job growth in California; Stockton is doing better thank Sacramento,” highlighted Michael.

However, Bob Gutierrez, Director of Government Affairs for Food 4 Less, and the Hispanic Chamber’s President Elect, highlighted a list of State laws which that will increase business regulation and cost.

Scott Anderson, Chief Economist of Bank of the West, projects throughout that, “education, health, professional services, and transportation” are among the industries to excel in the upcoming months.

Last year, San Joaquin County’s 1.6 percent growth population was at the forefront when compared to the rest of the state, “That’s a significant recovery from we were a few years ago,” said Michael adding, the areas hardest hit by the housing recession are coming back strong.”

Michael projects gains in the construction industry as it has been recovering from the 1,000’s during the recession to last year’s 1,700 dwelling and projected to be at 2,200 new units in 2016.

Bilingual Weekly (BW News) – Your source of Local news covering topics of Latino interest in Stockton, California; and San Joaquin County.

California’s Minimum Wage Increases to $10 per Hour


State of California — The Department of Industrial Relations (DIR) reminds California’s employers and workers that effective January 1, 2016, the state’s minimum wage will increase to $10 per hour.

“This increase in the minimum wage is California’s second increase in 18 months. Those earning minimum wage will now have a bit more to take home every paycheck,” said Labor Commissioner Julie Su. The Labor Commissioner’s Office is a division of DIR.

Governor Jerry Brown signed legislation on September 25, 2013, raising California’s minimum wage to $9 per hour on July 1, 2014, with a final adjustment to $10 per hour on January 1, 2016. It marked the first increase in California’s hourly minimum since 2008, when the minimum wage was raised 50 cents to $8.

State law requires employers to post information on wages, hours and working conditions at a worksite area accessible to employees. Notices for the wage orders in English and Spanish can be downloaded and printed from the Workplace postings page on the DIR website.

Almost all employees in California must be paid the minimum wage as required by state law. Workers who are paid less than the minimum wage may file a wage claim with the Labor Commissioner’s office.

DIR protects and improves the health, safety and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws.

DIR’s Division of Labor Standards Enforcement (DLSE), also known as the Labor Commissioner’s Office, enforces prevailing wage rates and apprenticeship standards in public works projects, inspects workplaces for wage and hour violations, adjudicates wage claims, investigates retaliation complaints, issues licenses and registrations for businesses and educates the public on labor laws.

Employees with work-related questions or complaints may contact DIR’s Call Center in English or Spanish at 844-LABOR-DIR (844-522-6734). The California Workers’ Information line at 866-924-9757 provides recorded information in English and Spanish on a variety of work-related topics.

BW News – Your source of local news covering Latino News of the State of California

Ca Monthly State Cash Balance


SACRAMENTO – State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in October 2012, showing that total revenues were $207.9 million above (4.4 percent) projections contained in the 2012-13 State budget.

“October’s numbers were positive, due in large part to strong income tax receipts,” said Chiang. “More importantly, total year-to-date revenue is spot-on with the budget’s projection.”

Personal income taxes in the month of October rose $378.4 million above (10.6 percent) projections, while sales taxes also were up by $28.8 million (4.4 percent) relative to projections. Corporate taxes were down for the month, coming in $131.3 million below (47 percent) projections.

The State ended the last fiscal year with a cash deficit of $9.6 billion. As of October 31, that cash deficit totaled $24.7 billion, and is being covered with $14.7 billion of internal borrowing (temporary loans from special funds), and $10 billion of external borrowing.

For more details on today’s report, read October 2012’s financial statement and summary analysis.

Opinion: Latino Vote National Tour Welcome to Stockton


By Fr. Dean McFalls

As a Caucasian American born into the middle class and raised in Seattle, I always considered citizenship, voting, and making a political difference as a foregone conclusion.  It never dawned on me that huge sectors of American society might feel themselves isolated, counted-out, or systematically unwelcome in the process of self-determination and of shaping the future of this great democratic nation. Continue reading

Stockton Approves Agreements with Six LAbor Groups


STOCKTON, CA – The Stockton City Council approved labor agreements with six of its nine employee labor groups Tuesday, July 24. Continue reading

New Walmart Opens at Trinity Parkway


STOCKTON, CA- The new Stockton Walmart held its grand opening celebration on Wednesday, July 18 at the Spanos Park West shopping district in North Stockton.

“It’s a great pleasure to be here today and welcome the Walmart family to Stockton,” said Stockton Mayor, Ann Johnston at the ceremony.

In a time of financial difficulties for Stockton, having a new major retailer opening its doors will provide sales tax revenue for the city, added Stockton`s Mayor.

Located in 10355 Trinity Parkway, the 212,000-square-foot store brings approximately 380 new jobs to the community.

Walmart`s ribbon cutting ceremony

“I know firsthand of the quality of careers that you can have at Walmart,” said store manager, Larisa Lujan.

“I started with Walmart 13 years ago. I was 18 years old; I came from Ukraine and started as a cashier. My story is not unique; Walmart nationwide embraces everyone and gives them great career opportunities.”

However, the debate if Walmart is a poison or antidote for communities like Stockton continues.

Many worry about the impact Walmart will have on small businesses, other say it will benefit local businesses as additional customers are attracted to the regional shopping area.

Yet shoppers seem to like the “always low prices” and the 24/7 schedule offered by the world’s largest retailer. In fact, just before 8 a.m. some were already lined up outside the doors ready to shop.

The Walmart Foundation presented a total of $33,000 in donation money to community organizations.

“Walmart will be a great community partner with the area’s nonprofits and neighbors,” said Mark Martinez, CEO of the San Joaquin County Hispanic Chamber of Commerce (SJCHC).

During Wednesday`s ribbon cutting ceremony, the Walmart Foundation presented a total of $33,000 in donation money to community organizations. $25, 0000 for the SJCHC Foundation and $8,000 among Stockton Emergency Food Bank, the Greater Yosemite Council Boy Scouts of America and United Way.

“Just this year Walmart gave our Chamber a large grant to help fund our Student Financial Aid and College Awareness Workshop that will help families plan for higher education,” said Martinez.
The Student Financial Aid Workshop is a partnership between the University of Pacific and Stockton Unified School District that hires SJCHC to coordinate volunteers that help students fill out FASFA forms.

Legislators Request Delay in Finalizing BDCP Water Conveyance Plan


SACRAMENTO—Northern California legislators pushed for a delay in the $23 billion water conveyance project through the Sacramento-San Joaquin Delta until more details are available on the state’s revised Bay Delta Conservation Plan (BDCP). Continue reading

Stockton Files for Bankruptcy


STOCKTON, CA — On Thursday, June 28, 2012, the City of Stockton joined an estimated 640 Government entities that have file bankruptcy since 1937: when Chapter 9 Title 11 was enacted into the United States Bankruptcy Code, available exclusively to municipalities.  Continue reading

Wreaking Havoc on our Crops: Oriental fruit fly


STOCKTON, CA — The Oriental fruit fly quarantine continues in Stockton, agriculture officials say they hope to end it in July. Continue reading

Summer Jobs for students: SJC WorkNet holds its Summer Jobs Fair for Youth


STOCKTON, CA – Hundreds of young men and women ready to enter the labor market visited San Joaquin County WorkNet, on Thursday, May 10th ; as WorkNet held the first “Summer Jobs Fair for Youth” at its Stockton, Tracy, Manteca and Lodi centers. Continue reading

Support Education: message at Concilio’s Monthly Meeting


STOCKTON, CA — “We lost 30 thousand workers in the schools both teachers and schools employees. 170,000 school workers across the state have taken furlough days, unpaid days, in order to help with this budget crisis, we rank at the bottom of all 50 states in staff students ratio,”   said Rose Roach, Field Director of the River Delta California School Employees Association discussed education and the tax initiatives on the November 2012 ballot. Continue reading

Cinco de Mayo Continues to Grow in San Joaquin


San Joaquin County, CA — Stockton’s traditional Mexican-American Cinco de Mayo parade continues its growth since the mid 1970’s inception. Continue reading

Stockton Selects Mediator


STOCKTON, CA — On February 28, 2012, the Stockton City Council approved moving forward with a confidential neutral evaluation process recently adopted through state legislation, AB 506Stockton Selects Mediator.  Continue reading

IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit


IR-2012-33, March 13, 2012

WASHINGTON — With business tax-filing deadlines fast approaching, the Internal Revenue Service today encouraged small employers that provide health insurance coverage to their employees to check out the small business health care tax credit and then claim it if they qualify.

Continue reading

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