Home | Business News | Browse by Publication | M | Mondaq Business Briefing

Dark skies and lame ducks: how private sector employers fared in Sacramento and Washington in 2008.

Publication: Mondaq Business Briefing
Publication Date: 23-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
In the last quarter of 2008, both Congress and the California State Legislature concentrated their attention on the rapidly deteriorating national and California economies.

Two days after the November 4 election, California Governor Arnold Schwarzenegger called the legislature into special session to seek solutions for California's $11-billion-plus budget shortfall.1 In his announcement, the Governor said that among his goals to stimulate the economy were "keeping high-paying jobs in California by providing overtime exemptions and allowing more flexible work schedules to increase productivity" and "clarifying meal and rest periods to save businesses hundreds of millions of dollars in litigation costs and create less confusion from meal break violations which will mean fewer terminations." However, the November special legislative session did not result in a solution to the state's revenue shortfall, thus "kicking the can down the road" to the incoming legislature.

Washington, too, struggled in late 2008 to come up with solutions for severe economic maladies on Wall Street, in Detroit, in the housing market, and the in the rest of the American economy.

Before the Sacramento and Washington gatherings of lame duck legislators in late November, some new laws had been passed in 2008 taking effect then, or on the first day of 2009.

Sacramento: The Year of the Veto " ...The Legislature should be looking to lessen the confusion surrounding California labor law, not create more. ..." - From Governor Schwarzenegger's veto message on AB 3063 Governor Schwarzenegger set a four-decade record this year in the proportion of bills he subsequently vetoed – 35 percent. This veto rate compares with rates in the range of 22 to 25 percent during the Governor's previous four years. The Governor's treatment of bills concerning employers' obligations was even rougher. By one estimate, the Governor vetoed 59 percent of all such bills that reached his desk.

What are the important new employment-related state...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mondaq Business Briefing
Canadian Securities Regulators Propose New Corporate Governance Rules., January 09, 2009
Don't Tax You, Don't Tax Me, Tax Anything Delivered Electronically., January 09, 2009
French connections., January 08, 2009
Brussels Update - EU & Competition (January 2009)., January 08, 2009
Fighting Contagious Issues: APRA Releases New Prudential Framework For..., January 08, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.