Economy
What new jobs? California program to entice hiring falls short
Four years after Gov. Jerry Brown launched his signature program to boost California jobs by awarding tax credits to the businesses that create them, businesses have left two thirds of those available credits unclaimed—a sign that most expected jobs have yet to materialize. Nor can the state say for sure how many of the administration’s 83,414 projected jobs over five years have actually been created. State offices responsible for awarding and monitoring the California Competes tax credits say they aren’t keeping count.