Newsom and the Legislature need to pay attention and rollback some of the more egregious policies before it’s too late.
California’s job market continues to suffer from largely self-inflicted wounds, despite the fact that the overall economy is growing.
In April, Gov. Gavin Newsom projected that California’s economy had grown larger than Japan’s, making it the fourth largest in the world (if it were its own economy, which it’s not).
But those macro gains don’t necessarily mean that much to everyday Californians, as once again the state leads the nation in unemployment at 5.5% (behind only Washington, D.C.). California just rose to the top of the list in February this year, but has for decades outpaced the national average in terms of unemployment.
That is bad. But things are so much worse than that.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
California’s weak job market is a cry for help. Is anyone listening?
Matthew Fleming
Newsom and the Legislature need to pay attention and rollback some of the more egregious policies before it’s too late.
California’s job market continues to suffer from largely self-inflicted wounds, despite the fact that the overall economy is growing.
In April, Gov. Gavin Newsom projected that California’s economy had grown larger than Japan’s, making it the fourth largest in the world (if it were its own economy, which it’s not).
But those macro gains don’t necessarily mean that much to everyday Californians, as once again the state leads the nation in unemployment at 5.5% (behind only Washington, D.C.). California just rose to the top of the list in February this year, but has for decades outpaced the national average in terms of unemployment.
That is bad. But things are so much worse than that.
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.