Month: June 2014

Uninsured Contractors Being Targeted in Sweep

The California Department of Insurance, along with the Contractors State License Board, Division of Occupational Safety and Health, and theEmployment Development Department are conducting a sweep of residential job sites. They are trying to address the underground economy, which hurts everyone:

  • No General Liability insurance.
  • No Workers Compensation insurance.
  • No license.
  • No control over safety.
  • Undercutting the pricing of legitimate contractors.

Press Release

Recession Recovery Promising for 2014

thumbs-upHere are a couple of articles that show some more good news about our recession recovery.
http://www.calculatedriskblog.com/2014/06/employment-recovery-great-recession.html

Next, this article today describes how growth for the 2nd quarter of 2014 is expected to accelerate.

http://www.latimes.com/business/money/la-fi-business-economist-nabe-forecast-20140609-story.html

This first article compares recovery of various recessions to others in terms of the time it takes for employment numbers to exceed the figures pre-recession.