Discussions are increasingly centered around California’s job growth and business climate. We decided to look at employment versus population growth to see how the state fared against the country. We also compared median incomes to see if we were keeping pace with the country on that front as well.
Over the last decade we have failed on both counts. The country’s total jobs growth has outpaced California’s by three times as much, while the national population has grown by only 20 percent more than California.
On the median income side, California has lost more than $8,300 in household income in the last six years while the U.S. lost only $3,700.
