Business News
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- Written by: Employment Development Department
Veterans Day provides California’s Employment Development Department, or EDD, an annual opportunity to honor the many brave individuals who serve and have served our country, by highlighting employment resources the EDD provides statewide to help veterans in their transition from military service to the civilian workforce.
The EDD’s 2022 Veterans Day web page features valuable information and resources, along with video success stories that show how veterans, and employers who hired veterans, used EDD services to make a career connection.
“EDD proudly serves an ongoing role in the support of California veterans by helping them identify and connect with job opportunities offered by employers who value their unique skill sets and training,” said EDD Director Nancy Farias. “This campaign will reflect how the quality services and assistance we provide to veterans help launch lasting careers.”
The EDD has also released its annual Veterans in the Workforce Report, highlighting the latest data on veteran employment in California including the industries hiring veterans, the jobs they are performing, and the skills and education veterans possess to meet employer needs.
“Accessing their earned veteran benefits and getting their due respect back home should never be as difficult as what our veterans faced while defending our Constitution and freedoms,” said CalVet Secretary Dr. Vito Imbasciani, a 27-year Army veteran. “It is our privilege and duty to do everything within our means to smooth their transitions and ensure their futures.”
California’s veteran workforce
California is home to 1.3 million veterans, who compose over 7% of the national veteran population. As of December 2021, approximately 572,700 California veterans were employed.
The largest number of California’s veterans are employed in professional and related; management, business and financial; service; and sales and related occupations.
California’s veteran workforce is comprised of 91% men (approx. 1.23 million) and 9% women (approximately 118,000).
Approximately 68% of California veterans (909,400) were 55 years and older, while 23% were between 35 and 54 (315,200); 8% were age 25 to 34 (111,200); and 1% were age 18 to 24 (18,000).
Veterans and industry employment
As California continued rebounding from a peak of 2.7 million jobs lost at the height of the Pandemic, the largest year-over gains (December 2020 – December 2021) in the number of employed veterans were experienced in financial activities (+10,800), transportation and utilities (+7,500), education and health services (+7,100), and leisure and hospitality (+5,000) industries.
The heaviest year-over losses were found within the professional and business services (-19,100) and public administration (-13,600) industries. Several of these industries are leading economic growth in California, which is forecasted to add 1.3 million jobs between 2021 and 2023. That makes veterans well-poised to fill employer needs in the future.
Available services for veterans:
• Local EDD employment representatives at America’s Job Center of CaliforniaSM locations throughout the state provide job and career assistance to veterans. These veteran representatives work one-on-one and provide specialized assistance to veterans with significant barriers to employment.
• CalJOBSSM, EDD’s online labor exchange system, can help veterans translate their military training and specialties into marketable skills applicable to civilian jobs. Veterans will be directed to employers with job openings that match their military experience.
Additional services for employers:
• Local employment representatives at America’s Job Center of CaliforniaSM locations work with employers and help match their employment needs with qualified veterans.
• CalJOBSSM is available to employers to post job openings. Employers can also refine their candidate searches to focus on veterans.
• The Work Opportunity Tax Credit (WOTC) program provides employers a tax credit for hiring veterans who face special obstacles as they try to reenter the workforce.
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- Written by: OFFICE OF CONGRESSMAN MIKE THOMPSON
“When foreign-owned shipping companies consistently import containers full of goods and return with empty containers without making them available for U.S. exporters, American agriculture producers face unfair barriers to the global market,” said Thompson. “These state-controlled shipping companies are using their market dominance to put U.S. exporters at a disadvantage, harming American workers. The actions of these foreign-flagged shipping companies are disrupting U.S. access to international markets and impeding our economic growth.
“I look forward to working with Ambassador Tai to address these barriers at ports across the country, including at the Port of Oakland, and ensure that U.S. exporters get a fair shake when accessing the global market.”
This letter follows Rep. Thompson’s meeting at the Port of Oakland with Reps. Jim Costa (CA-16), Barbara Lee (CA-13), and John Garamendi (CA-03) and Federal Maritime Commission Chair Daniel Maffei.
Thompson represents California’s Fifth Congressional District, which includes all or part of Contra Costa, Lake, Napa, Solano and Sonoma counties.
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- Written by: Community First Credit Union
SANTA ROSA, Calif. — Community First Credit Union is pleased to announce the selection of Fitzgerald Comandante Reyes as its new chief financial officer.
Reyes was vice president of finance at OE Federal Credit Union prior to his new role. During his time at OE, he oversaw and managed several departments and functions including accounting and finance, card services, collections as well as employee payroll and payment systems.
Reyes’ two decades of financial services experience will be a welcome asset to Community First Credit Union as they continue their strong trajectory of growth.
He and his team were critical contributors to major projects during the past 10 years including a core conversion to Jack Henry’s Symitar.
“I am proud of what my team and I have accomplished at OE Federal and I look forward to bringing my experience, insights and energy to benefit CFCU and its members,” Reyes said.
“Fitzgerald brings a wealth of experience and an impressive track record of demonstrated performance to Community First. I’m excited to welcome him to the organization and looking forward to his insights and contributions to our continued growth and success,” said President and CEO Scott Johnson.
Reyes holds a bachelor’s degree in accounting and is currently completing his executive MBA, with a concentration in business analytics, at Saint Mary's College of California.
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- Written by: Elizabeth Larson
The meeting will be held on Tuesday, Nov. 1, from 10 a.m. to 1:30 p.m. at the California Department of Food and Agriculture, 1220 N St. – Main Auditorium, Sacramento.
The meeting is also available via Zoom at https://us02web.zoom.us/j/83520053322.
Webinar ID: 835 2005 3322; passcode: Board2022!. The phone access passcode is 0567217721.
“In California, we have the potential to lose up to 10% of our water supply by 2040 as a result of a hotter and drier climate,” said CDFA Secretary Karen Ross. “This year has been the State’s driest on record. We must adapt and manage our water supplies, including groundwater, to foster a more drought resilient agricultural economy. ”
Invited speakers include: Josue Medellin-Azuara and Joshua Viers, University of California Merced; Paul Gosselin, California Department of Water Resources; and other invited speakers.
“As we look to the potential of yet another drought year, we will see more land out of production and continuing pressures on rural communities in the Central Valley,” said President Don Cameron, California State Board of Food and Agriculture. “We need continued collaboration at the state and local level to further statewide conveyance, enhance groundwater recharge and to invest in infrastructure.”
The California State Board of Food and Agriculture advises the governor and CDFA secretary on agricultural issues and consumer needs. The Board conducts forums that bring together local, state and federal government officials; agricultural representatives; and citizens to discuss current issues and concerns to California agriculture.
Follow the board on twitter at www.twitter.com/Cafood_agboard.
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