Economy

Teachers return to classes as LAUSD strike ends

WAVE NEWSPAPERS — Thousands of educators and their students returned to class Jan. 23, following a Los Angeles Unified School District teachers’ strike.

Published

7 years ago

January 25, 2019

Oakland Post

By Wave Wire Services

LOS ANGELES — Thousands of educators and their students returned to class Jan. 23, following a Los Angeles Unified School District teachers’ strike that stretched over six school days but ended thanks to a marathon negotiating session that resulted in a labor agreement.

Mayor Eric Garcetti, who worked with the district and teachers’ union to help broker the labor deal, was among those welcoming some students back to school. He posted photos of himself on social media walking to campus with a group of children, then reading to them in class.

“There’s a new energy in L.A. around the idea that we can all play a role in giving our kids the excellent public education they deserve,” wrote Garcetti, who slightly delayed a flight to Washington, D.C., so he could spend time with kids returning to class. Garcetti is heading to Washington to attend the U.S. Conference of Mayors’ winter meeting.

The mood was upbeat at campuses across the district, including at Franklin Elementary School in the Los Feliz area, where a group of teachers serenaded students returning to class.

“We’re going to keep on fighting from here, but it’s an excellent start,” teacher Valerie Peralta told KCAL9.

United Teachers Los Angeles President Alex Caputo-Pearl said Jan. 22 that “a vast super-majority” of teachers had voted in favor of the labor agreement, which was announced earlier that morning following a 21-hour negotiating session at City Hall.

The agreement also requires formal approval by the Los Angeles Unified School District Board of Education. Although that vote is considered a formality, the board cannot vote on it until the pact is reviewed by the county Office of Education, which provides fiscal oversight of the district.

“Our obligation is to ensure that the district has a funding plan in place to cover the costs associated with this agreement, and thereby able to remain fiscally solvent,” county Superintendent Debra Duardo said in a statement.

“Now that a tentative agreement is in place, the Los Angeles County Office of Education has the legal obligation to review and provide comments before the LAUSD governing board takes action. While the statute provides a window of 10 working days, we intend to provide these comments as soon as possible once we receive the relevant data.”

UTLA teachers went on strike Jan. 14, calling for smaller class sizes and the hiring of more support staff, such as nurses, counselors and librarians, and a pay raise.

“The strike nobody wanted is now behind us,” LAUSD Superintendent Austin Beutner said after the tentative agreement was announced.

But he also cautioned: “We can’t solve 40 years of under-investment in public education in just one week or just one contract. Now that all students and our educators are heading back to the classroom, we have to keep our focus and pay attention to the long-term solutions. … The importance of this moment is public education is now the topic in every household in our community. Let’s capitalize on this. Let’s fix it.”

Although some teachers wondered aloud if the strike had been worth it, Caputo-Pearl said the agreement addressed the union’s core issues.

“We have seen over the last week something pretty amazing happen,” Caputo-Pearl said. “We went on strike in one of the largest strikes the United States has seen in decades. And the creativity and innovation and passion and love and emotion of our members was out on the street, in the communities, in the parks for everyone to see.”

Some teachers expressed trepidation at the new contract.

“Elementary teachers aren’t very happy about the contract,” teacher Brenda Hauser told NBC4. “They gave us very few hours to review it. And what we needed the most was the class-size reduction, which we didn’t get much.”

The deal includes a 6 percent pay raise for teachers, with 3 percent retroactive to the 2017-18 school year and another 3 percent retroactive to July 1, 2018. It also includes provisions for providing a full-time nurse at all schools, along with a teacher-librarian. The proposal also calls for the hiring of 17 counselors by October and outlines a phased-in reduction of class sizes over the next three school years, with additional reductions for “high needs” campuses.

Caputo-Pearl said the issue of class size was a key element of the pact. He said the district agreed to eliminate contract language he dubbed an “escape clause” that would allow the district to increases class sizes in the future.

A main thrust of the union’s strike was a call for increases in the number of nurses, counselors and librarians at campuses. According to the district, the proposed agreement’s provisions for reducing class sizes and hiring nurses, librarians and counselors will cost an estimated $175 million from 2019-21, and $228 million for 2021-22.

It was unclear exactly how the costs will be covered. Garcetti said the deal’s various provisions will include a combination of funding or other support from the state, county and city.

The proposal calls on the district to support a statewide cap on charter schools and to provide regular reports on proposed co-locations of charter and public school campuses. The deal also calls on Garcetti to support a ballot initiative going to voters in November 2020 that would roll back Proposition 13 property tax limits on commercial buildings to increase state tax revenue for public education.

Just before the strike began, Beutner said the district’s had offered the union all it could, given its financial constraints, but he said Jan. 22 the new deal “does even more” than its previous offer.

The union had vocally disputed the district’s claim that it could not afford more extensive investment in school staffing, pointing to what it called an estimated $1.8 billion reserve fund and insisting the district has not faced a financial deficit in five years. The district contended that the reserve fund is already being spent, in part on the salary increase for teachers.

Caputo-Pearl, who stood next to Beutner during the news conference, was asked about his past comments in which he harshly criticized the superintendent and accused him of lying about the amount of money the district has available, and being dedicated to privatizing schools. The UTLA president was also asked if he could trust Beutner to follow through on the deal.

“We have, Austin Beutner and I, we certainly have our differences, and we’ve expressed those, and I think we will continue to express those. But what we’ve been able to do over the last chunk of days is work together with a bunch of partners and a bunch of help to forge an agreement that we are both committed to making sure is implemented, to make sure that our students are served and our schools are improved,” Caputo-Pearl said.

But some union members expressed disappointment with the results, including a Marshall High teacher who said in remarks reported in the Los Angeles Times that her room has 36 desks, but some of her classes have up to 40 students.

“I think it’s kind of sad that we had to spend six days getting the numbers that we already had,” she said.

District officials said the UTLA strike, which kept teachers out of classrooms for six school days, cost the LAUSD an estimated $151.4 million in attendance-based state funding. That amount is partially offset by an estimated $10 million per day by the salaries that were not paid to striking teachers.

Nearly 111,000 students went to class Jan. 22, up 30 percent from 87,559 on Jan. 18.

This article originally appeared in the Wave Newspapers.

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Advice

Women & Wealth: Tips for Navigating Your Lifelong Financial Journey

Published

3 weeks ago

March 15, 2026

Oakland Post

Sponsored by J.P. Morgan Wealth Management

We are in the midst of a seismic shift in wealth. This phenomenon, often referred to as the “Great Wealth Transfer,” describes the unprecedented movement of assets from the Baby Boomer generation to their heirs – an estimated $105 trillion by 2048. And women are poised to inherit most of this.

J.P. Morgan Wealth Management’s 2025 Investor Study found that women are not only set to receive significant wealth – they’re actively working to build it on their own. Ninety-three percent of women surveyed who are expecting an inheritance aren’t relying on it to reach their goals.

Here are a few tips for women to consider in their wealth-building journey:

Create a financial roadmap

A detailed, well thought out plan is important. J.P. Morgan’s study found that 90% of those surveyed with a plan feel confident about reaching their financial goals, compared to 49% without one.

Your plan should reflect your unique goals, priorities and circumstances. Consider your investment horizon and risk tolerance, and remember to revisit your plan regularly as life evolves.

Are you saving up for goals like buying a house, sending your kids off to college or retiring early? Where do you want to be in the next five, ten or twenty years? Everyone’s financial situation is unique, so it’s important to think about these questions and build a plan that is unique to your life.

Women tend to live longer than men on average. Many take career breaks or care for family members, which can influence long-term planning. It’s important to adjust your strategy with these factors in mind.

Where to start with investing

Don’t let misconceptions hold you back. Starting to invest doesn’t require a large sum, and beginning early can be beneficial. The earlier you start, the more time your money has to potentially grow over the years. Understand your overall financial situation, set clear goals and develop a long-term plan.

It’s important to also make sure you’re covered for unexpected expenses that come up before you start to invest. Build up a cash emergency fund, typically enough to cover three to six months of expenses, and pay down any high-interest debt.

Taking charge of your finances

The good news is that women are taking charge of their finances. J.P. Morgan’s research found that 75% of women respondents make financial decisions with their partner or take the lead themselves. For those who have a spouse or partner, it’s important for each person in the relationship to play an active role in the process.

Building wealth can be empowering for many women. The same survey found that 73% of women respondents said money gives them “security,” while 64% of Gen Z and Millennial women associated it with “freedom.”

The power of having a team

Some people find it helpful to work with a financial advisor, so you don’t have to tackle things alone. An advisor can help you craft a plan tailored to your needs and keep you on track throughout your lifelong financial journey. If you expect to receive an inheritance, you should also consult with estate planning and tax professionals.

No matter where you are on your wealth-building path, education is key. It’s so important to be an informed investor, and there are plenty of resources out there to help. You can find a library of free educational resources at chase.com/theknow.

As the landscape of wealth continues to evolve, women have a unique opportunity to shape their financial futures and those of generations to come. By staying informed and planning ahead, women have the tools to help them confidently navigate the Great Wealth Transfer and set themselves up for financial freedom.

The views, opinions, estimates and strategies expressed herein constitutes the author’s judgment based on current market conditions and are subject to change without notice, and may differ from those expressed by other areas of J.P. Morgan. This information in no way constitutes J.P. Morgan Research and should not be treated as such. You should carefully consider your needs and objectives before making any decisions. For additional guidance on how this information should be applied to your situation, you should consult your advisor.  

JPMorgan Chase & Co., its affiliates, and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transaction.  

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Activism

Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

Published

1 month ago

February 21, 2026

Oakland Post

Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.

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Bay Area

CITY OF SAN LEANDRO STATE OF CALIFORNIA PUBLIC WORKS DEPARTMENT ENGINEERING DIVISION NOTICE TO BIDDERS FOR ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III

WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.

Published

1 month ago

February 20, 2026

Oakland Post

PROJECT NO. 2020.0050

BID NO. 25-26.011

BID OPENING: The bidder shall complete the “Proposal to the City of San Leandro” form contained in the Contract Book. The proposal shall be submitted in its entirety. Incomplete proposals will be considered non-responsive. Sealed bids containing the completed Proposal Section subject to the conditions named herein and in the specifications for ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III/PROJECT NO. 2020.0050 addressed to the City of San Leandro will be received at City Hall, 835 East 14^th Street, 2^nd Floor San Leandro at the office of the City Clerk up to 3:00 p.m. on Thursday, March 19, 2026, at which time they will be publicly opened and read.
WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.
OBTAINING THE PROJECT PLANS AND CONTRACT BOOK: The project plans and Contract Book may be obtained free of charge from the City’s website at:https://www.sanleandro.org/Bids.aspx Bidders who download the plans are encouraged to contact the City of San Leandro Public Works Department Engineering division at 510-577-3428 to be placed on the project planholder’s list to receive courtesy notifications of addenda and other project information. Project addenda, if any, will be posted on the website. A bidder who fails to address all project addenda in its proposal may be deemed non-responsive.Bidders may also purchase the Project Plans and Contract Book from East Bay Blueprint & Supply Co., at 1745 14^th Street, Oakland, CA 94606; Phone Number: (510) 261-2990 or email: ebbp@eastbayblueprint.com.
PRE-BID CONFERENCE: A mandatory pre-bid conference will be held on Tuesday, February 24, 2026, at 2:00 PM and on Wednesday, February 25, 2026, at 10:00 AM as follows:
Tuesday, February 24, 2026, at 2:00 PM
Zoom Meeting ID: 883 8752 6074
Passcode: 502955
Zoom Link: https://sanleandro-org.zoom.us/j/88387526074?pwd=hZ5rjB8AWdLAUem3CtByFiZxqKarHj.1
And
Wednesday, February 25, 2026, at 10:00 AM
Zoom Meeting ID: 898 2672 0472
Passcode: 091848
Zoom Link: https://sanleandro-org.zoom.us/j/89826720472?pwd=JgZX2nXMpLSRM5xDPr7EJUxl7QIznr.1The information presented at the conferences will be identical, all bidders must attend one of the pre-bid conference and sign the attendance sheet. A firm that didn’t attend the pre-bid conference isn’t qualified to bid on the project.Questions regarding the plans and specifications may be submitted in writing to the project engineer until 5:00 p.m. five (5) days before, excluding Saturdays, Sundays and Holidays, bids must be received by the City. The City will not respond to oral questions outside of the pre-bid conference. The response, if any, will be by written addendum only. Oral responses do not constitute a revision to these plans or specifications.
VALUE OF WORK: The Engineer has estimated that the value of work is between $1,000,000 and $5,000,000.
SAN LEANDRO BUSINESS PREFERENCE AND PARTICIPATION GOALS: The work performed under this contract is subject to Section 1-6-225 of the San Leandro Municipal Code regarding local business preference and participation. A list of companies that hold a San Leandro business license is located on the City webpage under the finance department, here: https://www.sanleandro.org/340/Business-License
SAN LEANDRO COMMUNITY WORKFORCE AGREEMENT: The work performed under this contract is subject to the Community Workforce Agreement adopted by City Council Resolution 2015-104. Contractors attention is directed to Section 10.