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Job Losses in State Accelerate; July Payrolls Lowest in 2 Years
Los Angeles Times ^
| July 9, 2003
| Marla Dickerson
Posted on 08/09/2003 3:56:08 AM PDT by sarcasm
California employers in July axed a net 21,800 jobs half the jobs the entire nation shed last month sending payrolls plunging to their lowest level since the state's job market began its long slide more than two years ago, according to government data released Friday.
The losses marked the largest one-month jobs decline in California since December.
Nearly every sector posted losses notably retailing, transportation, manufacturing and business services demonstrating a widespread reluctance among employers to hire.
< SNIP >
In percentage terms, California has performed about the same as the rest of the country in job losses over the last 2½ years, with both the state and nation shedding about 2% of their nonfarm payroll jobs over that time.
(Excerpt) Read more at latimes.com ...
TOPICS: News/Current Events
KEYWORDS: calgov2002
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To: MonroeDNA
How's your socialist buddy, Jay Inslee, doing these days?
21
posted on
08/09/2003 6:04:03 AM PDT
by
sarcasm
(Tancredo 2004)
To: waterstraat
Do you have a mirror?
22
posted on
08/09/2003 6:05:06 AM PDT
by
sarcasm
(Tancredo 2004)
To: RaceBannon
Employment sure has been lagging for a long time.
23
posted on
08/09/2003 6:06:16 AM PDT
by
sarcasm
(Tancredo 2004)
To: sarcasm
It will lag until american companies start replacing outsourcing with americans, and until american companies close down their foreign factories and open up new ones in the United States.
Until then, we must cut federal and state spending by the total amounts of lost taxes from unemployed american workers to balance out after a reduced tax base.
To: waterstraat
The politicians will continue to borrow in order to pay the bills.
25
posted on
08/09/2003 6:27:36 AM PDT
by
sarcasm
(Tancredo 2004)
To: sarcasm
Haven't CA bonds sunk to nearly junk ratings?
To: MonroeDNA
the US does not have a planned economy. Nobody "runs" the economy, and we like it that way. Who is Alan Greenspan?
27
posted on
08/09/2003 6:31:25 AM PDT
by
FITZ
To: sarcasm
This is just more propaganda for the doom and gloom crowd.
The economy is picking up, stocks are up, corporate profits are up and things are getting much better.
Ooops, wait a minute the article is about California, run by a Democrat....
Well then, things aren't so good, unemployment is up, companies are going out of business, things are going to get worse...
28
posted on
08/09/2003 7:08:24 AM PDT
by
Barry Goldwater
(Give often and generously to the Bush campaign)
To: sarcasm; *calgov2002; fooman; PeoplesRep_of_LA; Canticle_of_Deborah; NormsRevenge; snopercod; ...
29
posted on
08/09/2003 7:51:09 AM PDT
by
Ernest_at_the_Beach
(All we need from a Governor is a VETO PEN!!!)
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