I wrote the LA Times that the 49 state unemployment rate has to be less than 4.5%....that they are minimizing the difference by including CA in the national total.
A better example would be comparing California’s neighbors:
AZ has a 3.5% rate,
Nevada, 4.6%,
Utah, 2.6%
Oregon, 5.1%
Washington, 4.5%
>>>Despite slow job growth, the state’s unemployment rate held steady at 5.2% after rising in May from 5.1% in April. By comparison, the U.S. jobless rate was 4.5% in June, unchanged from May.
Of course CAs outrageous taxes and number of illegal aliens have nothing to do with it.
Actually, the illegals have been leaving California since the housing boom went bust. They’re looking for jobs elsewhere, even in Canada. It is just a few hundred thousand less than a couple of million really means nothing.
COMO?
Arnold is turning out to be a complete disaster. But of course, most CA governors have held that title.
People are fleeing CA in droves. Businesses either have to close their doors, or never get started because of the lunatics that run this asylum.
I would love to see an itemized cost sheet for starting a small business in CA, minus start up costs for inventory and leasing space. We’d like to start a business dealing with dry goods, but I’m scared to death that I’d go BK before a couple of months passed.