Like I said, California's recent comeback is largely due to industries that have thus far proven to be resilient to the crushing taxes and regulations. That includes high tech and real estate. However, agriculture continues to suffer (except the wine industry), manufacturing isn't growing, and even the film industry usually goes to Canada to shoot scenes.
Uh..........you don't seem to even know what's going on in your own state. CA been adding more than 200K jobs each year since 2010:
The job gains are broad-based, Nickelsburg said, noting that they occurred in manufacturing, transportation and warehousing and information technology. Even construction firms added about 15,000 jobs. But those were most likely for commercial real estate and infrastructure projects, rather than housing, Nickelsburg added.
Jobs
Maybe all it took was getting Arnold out of the way.
In the 12 months ending in July, 2012, CA added 365K jobs..........beating out even the red state wonder.........Texas:
California Defies Lower-Tax Texas in Creating More Jobs
By James Nash & Darrell Preston - Aug 28, 2012 9:01 PM PT
California, which sent a delegation to Austin last year to find out how the Lone Star State had beat it in employment growth, surged ahead of Texas to lead the nation in job creation for the last two consecutive months.
California added 365,100 nonfarm jobs in the year ending in July, a 2.6 percent increase and the state’s largest 12-month gain since 2000. Texas picked up 222,500, or 2.1 percent, according to U.S. Labor Department statistics. California also outpaced Texas the prior month.
Texas led California in job creation in 18 of the last 24 months, since August 2010, the first month both states posted employment gains following the longest recession since the 1930s. The latest numbers show that California has defied comparisons with financially troubled Greece, including a joking reference by Republican presidential candidate Mitt Romney earlier this month.
“What these new figures do is drive a stake through these weak Republican talking points,” said Gil Duran, a spokesman for California’s Democratic governor, Jerry Brown. “California jobs are coming back at a higher rate here. We hope that happens everywhere.”
To be sure, California is the only state where three cities have filed for bankruptcy in the past two months. The state’s unemployment rate of 10.7 percent in July was the third-highest in the U.S., trailing only Nevada and Rhode Island. Texas ranked 30th with a jobless rate of 7.2 percent, beating the national average of 8.3 percent.
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