California Leads USA in Job Creation

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    California Leads USA in Job Creation

    That's gonna give Bobin...some butthurt because the meme about failing California is DEAD!

     

    http://www.cbsnews.com/8301-18563_162-57562186/california-leads-nation-in-job-creation/

     

    An exerpt from article:

    n the past year, California has added 26,000 new information technology jobs. The construction industry is also booming with 26,400 new jobs, and tourism and hospitality has added 62,900.

    New companies create most of the new jobs, and a recent study shows Los Angeles has the most entrepreneurs of any area in the country. That job growth is fueling consumer spending. Auto sales were up 14 percent last year. That's why true car is planning to add up to 100 more employees in 2013.

    "We want to make sure we are prepared essentially to ride that tide as it's coming through," Nguyen said.

    During the recession California was losing jobs to states with lower corporate and income taxes such as Texas. Since February California has created almost 234,000 jobs, more than Texas, Oregon and West Virginia combined.

     
  2. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: California Leads USA in Job Creation

    The Golden State’s unemployment rate is a sky high 9.8%, still the third-highest in the nation....California is, indeed, very slowly emerging from its worst recession since the Great Depression, which wiped out about 1.3 million jobs. California has recovered about 300,000 jobs – but that still leaves  a million short from the recession, plus nearly a million on the unemployment rolls before the recession began.

    It would take five more years of gains at that rate simply to bring California back to pre-recession employment levels – not counting the job growth needed for population and labor force growth.

    Moreover, recovery is very uneven, with unemployment rates below 10 percent confined to a few counties, mostly in the tech-heavy San Francisco Bay Area.

    The Golden State's fastest-growing entity is government and its biggest product is red tape. The first thing that comes to many American minds when you mention California isn't Hollywood or tanned girls on a beach, but Greece. Many progressives in California take that as a compliment since Greeks are ostensibly happier. But Californians are increasingly pursuing happiness elsewhere.

    Nearly four million more people have left the Golden State in the last two decades than have come from other states. This is a sharp reversal from the 1980s, when 100,000 more Americans were settling in California each year than were leaving. Most of those leaving are between the ages of 5 and 14 or 34 to 45. In other words, young families.


    Read more here: http://www.sacbee.com/2012/10/28/4943491/dan-walters-californias-economy.html#storylink=cpy
     
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  5. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: California Leads USA in Job Creation

    In response to ComingLiberalCrackup's comment:

    The Golden State’s unemployment rate is a sky high 9.8%, still the third-highest in the nation....California is, indeed, very slowly emerging from its worst recession since the Great Depression, which wiped out about 1.3 million jobs. California has recovered about 300,000 jobs – but that still leaves  a million short from the recession, plus nearly a million on the unemployment rolls before the recession began.

    It would take five more years of gains at that rate simply to bring California back to pre-recession employment levels – not counting the job growth needed for population and labor force growth.

    Moreover, recovery is very uneven, with unemployment rates below 10 percent confined to a few counties, mostly in the tech-heavy San Francisco Bay Area.

    The Golden State's fastest-growing entity is government and its biggest product is red tape. The first thing that comes to many American minds when you mention California isn't Hollywood or tanned girls on a beach, but Greece. Many progressives in California take that as a compliment since Greeks are ostensibly happier. But Californians are increasingly pursuing happiness elsewhere.

    Nearly four million more people have left the Golden State in the last two decades than have come from other states. This is a sharp reversal from the 1980s, when 100,000 more Americans were settling in California each year than were leaving. Most of those leaving are between the ages of 5 and 14 or 34 to 45. In other words, young families.


    Read more here: http://www.sacbee.com/2012/10/28/4943491/dan-walters-californias-economy.html#storylink=cpy



    Aren't they projecting a budget surplus in California? 

     
  6. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: California Leads USA in Job Creation

    In response to Newtster's comment:

    They do not lead in jobs created corrected for total population. I mean really, 26000 new jobs in IT from a state with 40 million or whatever it is?? That is a joke.



    CorrectEd for total population?  What does that even mean?

     
  7. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: California Leads USA in Job Creation

    Gov Moonbeam Brown claimed that California is now "deficit-free" .

    The governor’s projections are at odds with a report from the Legislative Analyst’s Office, which stipulated that despite revenue from Proposition 30, the state still faces a $1.9 billion shortfall. Brown is therefore massaging his balanced budget figures with a healthy dose of optimism.

    Far from DEBT free, however. As of this week, according to the U.S. Debt Clock, the state’s debt was at $427 billion, with a debt-to-GDP ratio of 20.5%. The state is legally obligated to pay billions of dollars withheld from schools, local governments and healthcare providers as lawmakers struggled repeatedly to balance the books, though deferral payments to education have basically been written off by the governor. It also owes Wall Street for bonds sold to balance the budget. Sacramento has also racked up tremendous debt for retiree pensions and healthcare, now totaling more than taxpayers spend each year on all state programs combined.

     
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  9. You have chosen to ignore posts from StalkingButler. Show StalkingButler's posts

    Re: California Leads USA in Job Creation

    California IS leading the USA in job creation, jobs in Texas that is.

     

     
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  11. You have chosen to ignore posts from miscricket. Show miscricket's posts

    Re: California Leads USA in Job Creation

    In response to ComingLiberalCrackup's comment:

    Gov Moonbeam Brown claimed that California is now "deficit-free" .

    The governor’s projections are at odds with a report from the Legislative Analyst’s Office, which stipulated that despite revenue from Proposition 30, the state still faces a $1.9 billion shortfall. Brown is therefore massaging his balanced budget figures with a healthy dose of optimism.

    Far from DEBT free, however. As of this week, according to the U.S. Debt Clock, the state’s debt was at $427 billion, with a debt-to-GDP ratio of 20.5%. The state is legally obligated to pay billions of dollars withheld from schools, local governments and healthcare providers as lawmakers struggled repeatedly to balance the books, though deferral payments to education have basically been written off by the governor. It also owes Wall Street for bonds sold to balance the budget. Sacramento has also racked up tremendous debt for retiree pensions and healthcare, now totaling more than taxpayers spend each year on all state programs combined.




    You do understand the difference between deficit and debt don't you..? Those are basic economic terms.

     
  12. You have chosen to ignore posts from StalkingButler. Show StalkingButler's posts

    Re: California Leads USA in Job Creation

    You do understand the difference between deficit and debt don't you..? Those are basic economic terms.


    You're being pedantic miscricket. The point is that democrat policies are destroying the once great state of California and Governor Brown is singularly unequipped to change his state's course.

     

     
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