I know that there are a lot of people here. I see maybe two empty chairs. If folks can squeeze in because i know a lot of people want to be here for this hearing. Please, if you can do that. So, the legislation before us today is one that we actually approved several years ago just for the city and county of San Francisco for employees of city and county of San Francisco. And what was behind it was removing the barriers resulting from the stigma associated with the conviction history, means more opportunity for work and [speaker not understood] for the 700,000 citizens who are released here every year and one in four adults every year who have conviction and histories. [speaker not understood], it may not be you personally, but you probably have a Family Member who has a conviction hisry given the high rates we have here in the united states. It doesnt make sense for individuals like donald fuller who was fired from his janitorial job for failing to remember to tell his employer about
System saving taxpayer dollars. The policies embodied by fair chance helped open the door of opportunity for all of us which make all of us safer, healthier and stronger. So, i want to go over the basic aspects of this legislation and i had mentioned that 25 of adults in the u. S. Have an arrest or conviction history. And that studies as many of you know show stable opportunity to housing and employment reduces recidivism thus increasing Public Safety and public dollars. There are racial [speaker not understood] resulting in devastating impacts in our communities of color and criminal records reduce the likelihood of job call backs and offer up to 50 just by checking that box on that first application before you even have an opportunity to prove that you are qualified for the job or come in for an interview and showcase your story. More than 90 of Companies Report using a criminal background check in their hiring. The reduced output of goods and services of people with felonies and pri
Home, they go on and my bill is reasonable. So, its not attacking pg e. I think to me its really about making sure that the pucs power enterprise which really is an under valued and under utilized system that we sure it up, make sure it has an adequate Customer Base and make sure that we are generating the revenues that we can use for some really critical Municipal Infrastructure needs around our power system and our street lights that we are responsible for funding. Right. I want to make sure were giving the puc and the power enterprise the tools to do that. So, i will be looking at this issue as projects come to the board because i think its important. Thank you very much. Thank you, ms. Hale. Colleagues, any questions or comments . Okay, seeing none, we will then move to Public Comment. ~ on item number 5. Is there any Public Comment on item number 5 . Seeing none, Public Comment is closed. [gavel] supervisor kim. Thank you. I just want to acknowledge and thank tjpa guy hollins and
I am filling in for Erik Schatzker today. He is off today. You know why . We are breaking economic news. November existing home sales are officially out. Our economics editor, Michael Mckee, it is at his desk cranking away with the headlines. That news and we do not know why. Right now we see existing home sales fell on the month by 4. 3 . The worst performance of the year. A lot of people may attribute this, and it is a good that it is through to the fed that pushed morgan rach up Mortgage Rates up. Two or three months ago when rates were higher, we have also had some bad rather bad weather. The final reason is that this is not the prime selling season. People drop off as you go into the winter and get closer to the holidays. People are buying less homes than they do in the summer. It is not good news for single which are condos, down. Inventories not particularly good news, either, at this point. We will take a quick look here. Inventory falling. Not as much for sale, but not helping
That and janet yet yellens first News Conference. Steve will have the cnbc fed survey results in just a moment. But as for todays data at 8 30 a. M. Eastern, well get two reports. One is the Consumer Price index for february. Thats expected to rise 0. 1 . Housing starts for february are also expected to rise by 3. 4 . A major improvement in the drop that we saw back in january. Building permits are expected to come in flat for the month and the markets are going to be looking for any weather related issues. Well have those reports coming in at 8 30 eastern time. Right now, futures are indicated slightly lower. Dow futures down by about 32 points. S p off by 4 points. On monday, the dow snapped a fiveday losing streak as concerns about ukraine subsided after sundays vote. And russias president Vladimir Putin will be speaking to Parliament Coming up this morning. Heads of reason in public groups will be in attendance. Putin is expected to address the integration of crimea. Many expect hi