By Brittney Sherman
Governor Newsom has unveiled a new economic framework, California Jobs First, aimed at creating more jobs and driving sustainable economic growth throughout the state. This initiative emphasizes a bottom-up approach, involving input from local communities and experts in each of California's 13 economic regions.
The framework will guide investments in key sectors, categorized as "Strengthen," "Accelerate," "Bet," and "Anchor," to foster growth and create good-paying jobs for Californians. The state will invest $120 million over three years to support "ready-to-go" job-creating projects aligned with these priorities. This initiative builds upon previous efforts like the Community Economic Resilience Fund and leverages input from diverse stakeholders, including labor, business, and community organizations, to ensure a more inclusive and equitable economic future for all Californians.
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