Where the jobs aren’t! Calfironia under Gavin Newsom and their Marxist elected officials.
Based on the most recent release of the early benchmarks, payroll jobs declined by 32,000 from September 2023 through December 2023. On the contrary, the preliminary monthly reports showed a solid increase in job growth (+117,000 jobs) at the time. With the fourth quarter revision, calendar year 2023 saw essentially no net job growth (+9,000 jobs overall). Data since January 2024 has not yet been rebenched. As such, the figure includes the Early Benchmark Revision for these recent months growing at the same rate as the official CES estimates.
Given Calfornia’s burdersome taxes and regulations, not to mention $20 per hour for fast food workers, it is not surrprising that job growth in California has been minimal.
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