On Thursday, Governor Newsom issued an Executive Order intended to mobilize state agencies, labor experts, economists, universities, and industry leaders to develop new policies, gather data, and identify early warning signs of workforce disruption. The order directs the state to explore policies including severance standards, employment insurance and transition support for displaced workers, worker ownership models, universal basic capital concepts, expanded workforce training, and stronger tracking of hiring and payroll trends to help California respond faster to potential layoffs and economic disruption.
Among the state agencies directed to act are the Labor and Workforce Development Agency, GO-Biz, and the Department of Finance. The full Executive Order is available HERE.
For additional information, contact RCRC Senior Policy Advocate Sarah Dukett.