The California Business Roundtable’s monthly report on the state’s employment situation feels like a Jackson Pollock painting with bright colors here, dark spots there while containing hints to why the state’s political power resides where it does.
The Roundtable’s California Center for Jobs and the Economy reports the state’s unemployment rate is 5.4% in June, an uptick of .2% from May. While California ranked first in job creation from June 2015 to June 2016 with 388,211 jobs created (Texas is second with 234,004), California ranks only 22nd when the job creation is calculated as a percentage change. Employment growth per 1000 population California is 21st.
While job gains in the fields of Accommodations, Food Services and Health Care lead the list, job losses are most in the good paying fields of manufacturing and construction as seen in the accompanying chart.