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In March, job growth in California continued to be led by gains in health services and private education. Over the last year, that combined sector has accounted for more than 80% of the state’s ...
The original article, by UCLA economics professor Lee Ohanian, a Hoover Institution senior fellow, asserted that California added only 156,000 nonfarm jobs in the January 2022-June 2024 period.
California's economy is the largest in the United States and fourth-largest in the world with a $4.1 trillion GDP as of 2024.
While any job growth is good, that hiring pace looked meager in an otherwise strong US labor market. California’s hiring pace also was less than half the 2% rate nationally.
California job growth the past 4 years is 743,000 short of the 1.38 million workers added in pre-pandemic 2015-19.
While any job growth is good, that hiring pace looked meager in an otherwise strong US labor market. California’s hiring pace also was less than half the 2% rate nationally.
March 2020 was the start of unprecedented job losses in California, when Gov. Gavin Newsom issued the nation's first statewide stay-at-home order. The state lost 2,758,900 jobs in just two months.
California job growth was 8.5% in January 2022. California bosses also are challenged to find talent. Statewide unemployment was 4.6%, down 1 percentage point in the year. Bottom line ...
LOS ANGELES (CBS) — California's job growth has been slow, but steady. Unemployment numbers in February 2012 are at 10.9 percent, down from 12 percent during February of last year.
California job growth the past 4 years is 743,000 short of the 1.38 million workers added in pre-pandemic 2015-19.
While any job growth is good, that hiring pace looked meager in an otherwise strong US labor market. California’s hiring pace also was less than half the 2% rate nationally.