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  • Report: 40% of firms to move jobs from state

    02/28/2004 2:48:25 PM PST · by RaceBannon · 28 replies · 309+ views
    World Net Daily ^ | Posted: February 28, 2004 | © 2004 WorldNetDaily.com
    -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CALIFORNIA LEAVIN' Report: 40% of firms to move jobs from state Burdensome regulatory costs create bad climate for business -------------------------------------------------------------------------------- Posted: February 28, 2004 1:00 a.m. Eastern © 2004 WorldNetDaily.com The business climate in California is so poor that 40 percent of the companies questioned in a report say they will move jobs out of state. Half of the firms said they would not add jobs within California, according to the survey by the California Business Roundtable, the Sacramento Bee reported. Mostly because of regulatory costs, doing business in the Golden State is 30 percent more expensive than...