New Data Shows A Lost Decade For California In Employment and Energy Use

Business Insider ^ | 10/23/2010 | George MacDonald

[SeekAndFind]

California released its latest Labor Market figures today. And, I see also that EIA Washington has updated detailed energy production and use data for California too, through 2008.

First, let’s look at the chart which compares oil production in California to total oil product use, in trillion BTU. Unsurprisingly, those killer high petrol prices in the first half of 2008 and then the subsequent economic collapse in the second half took more than 200 trillion BTU of total oil product demand off-line.

In just one year, California oil product consumption reset itself all the way back, to 2001. | see: California: Oil Production vs Total Oil Product Use in Trillion BTU ’81-’08.

Continuing in a similar vein, the total number of employed Californians has also been reset back to the early part of last decade. As of September 2010, California employment at 15.975 million people almost perfectly matches figures last seen in July, of 2000. The chart looks bad enough, but when you consider California’s population grew by at least 4.5 million people during those ten years, you can understand how the state now clocks in with a 12.4% unemployment rate.

[SeekAndFind]

[nwrep]

Companies like Intel have long ago figured out California is not a place to do business. There is no production of Silicon chips today in Silicon Valley. The rest of the state is on the same path.

For almost any type of business, there are better alternatives in the US, and certainly overseas.

[umgud]

chart looks bad enough, but when you consider California’s population grew by at least 4.5 million people during those ten years..........

What this really means is that 9 million new taxusers moved into the state and 4.5 million taxpayers moved out of the state.

[Citizen Tom Paine]

California has killed or is killing the goose that laid the golden eggs. OR the environmentalists in California have killed the goose that laid the golden eggs. OR illegal immigrants (that know a few words of English) have kille the goose that laid the golden eggs.

[Waco]

Develop AK. oil to the max. p-ss on Kali, build pipeline(s), by-pass Kali. Sell some of the oil to foreign markets, let Kali buy what they need from them.

[WebFocus]

Here's where all the venture capital money is going nowadays...according to the WALL STREET JOURNAL

[WebFocus]

Edit to add, the above charts apply to businesses in SILICON VALLEY.

[qwertypie]

California is corrupt. Corrupt places do not prosper. They rot.

Faggots and abortionists got the upper hand and dominated the culture. The End.