Home Business Governor Newsom announces statewide plan for economic growth, $245 million for more jobs — with additional investment for LA’s recovery

Governor Newsom announces statewide plan for economic growth, $245 million for more jobs — with additional investment for LA’s recovery

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February 26, 2025

CVV News

What you need to know: Governor Newsom today released a new economic vision for California’s future with a bold plan, realized locally. The unveiling comes alongside the announcement of more than $245 million in investments to help support workers statewide, including additional investment in LA to bolster the region’s ongoing economic recovery from wildfires.

California’s economic dominance and success are grown locally, with the contributions of each diverse region of our state. From agriculture to clean energy to film to every industry in between, our Golden State owes its success to the people, communities, and industries that make it work. I am proud of the collaborative work of Californians from every region who developed this statewide Economic Blueprint. California thrives because we work together, despite adversity and even disagreement. It is this collective resilient spirit that will help move Los Angeles forward and help us overcome any challenge that stands in our way.

Governor Gavin Newsom

The California Jobs First Economic Blueprint launch is a bold step toward building an economy that uplifts every worker, every family, and every community. California leads the world in innovation and opportunity, but opportunity should never be reserved for a select few — it must be a reality for all. Shaped by communities, the California Jobs First Economic Blueprint ensures every Californian has the chance to thrive.

First Partner Jennifer Siebel Newsom

Funding for economic and workforce development

Supporting recovery and rebuilding in LA

Today, the Governor received the Los Angeles Jobs First Collaborative’s regional plan as part of his continued tour of the state’s thirteen economic regions, and announced new support to aid in LA’s rebuilding and recovery efforts:

California Jobs First: Bold vision, realized locally

Each region created a planning body — or collaborative — with representation from a wide variety of community partners, including labor, business, local government, education, environmental justice, community organizations, and more. The collaboratives then wrote their own data-driven, community-led economic plans, including identifying strategic industry sectors.

California’s Economic Blueprint

The California Jobs First Economic Blueprint guides the state’s investments in key sectors to drive sustainable economic growth, innovation, and access to good-paying jobs over the next decade. Made up of ten strategic industry sectors, this framework will help streamline the state’s economic, business, and workforce development programs to create more jobs, faster. 

California’s economy has industries at all stages of advancement and growth. They are categorized as follows within the Economic Blueprint:

  • Strengthen: Sectors where California has an established competitive position and/or significant employment, but where there is leveling growth or wages
  • Accelerate: Sectors with moderate to high projected growth that are ready for expansion, where additional investments (e.g., capital, infrastructure) could “bend the curve” to generate growth
  • Bet: Emerging sectors with significant investment or high strategic importance to the innovation ecosystem
  • Anchor: Regional anchors that are critical for attracting and supporting industry activities while also providing quality, good-paying jobs within local communities

Training workers for jobs in growth sectors

The workforce training dollars announced by Gov. Newsom on Wednesday mark another significant milestone in meeting the governor’s goal of creating 500,000 new training slots by 2029. Since 2019, California has served 201,000 registered apprentices, solidifying its position as the nation’s leader in apprenticeship programs. More than 400,000 additional workers have or will be served through existing contracts for earn-and-learn programs, which provide income or stipends while training people for new jobs or to advance in their current fields. Much of the funding prioritizes high-growth sectors like healthcare and advanced manufacturing. 

California’s economic dominance

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Felicia Roberts took an idea gathered a few people to reached into a minority community to highlight the positive, using a minority newspaper the Central Valley Voice. Roberts was joined by her sisters Carolyn Williams, Alleashia Thomas, niece Hermonie Lynn Williams, nephew Ron Williams, cousin Jerald Lester, Jay Slaffey, Greg Savage, Tim Daniels and the late J Denise Fontaine. Each individual played an important role in the birth of the newspapers. Since, then many have stood strong behind the success of the newspapers and its goal to fill a void in the Central Valley community The Central Valley Voice published their 1st issue in November 1991. Its purposed was to highlight the achievements of minorities in the Central Valley. The Voice focuses on the accomplishments of African Americans and Hispanics giving young people role models while diminishing the stereotypical pictures of gangs, crime and violence that permeate the minority communities. Since 1991, the Central Valley Voice has provided an important voice for the minority community throughout the Madera, Merced. Stanislaus and San Joaquin counties.

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