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Old 12-28-2012, 08:26 AM
 
Location: Los Altos Hills, CA
36,403 posts, read 65,926,493 times
Reputation: 20781

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Data from the Bureau of Labor Statistics bls.gov

The improved economy is definitely noticeable as far as job growth. Hopefully we'll see accelerated growth in the coming year.

Net Non-Farm Job Growth, Nov 2011-Nov 2012

Los Angeles Basin: +100,200
Los Angeles-Long Beach-Santa Ana +84,800
Riverside-San Bernardino-Ontario +11,000
Oxnard-Thousand Oaks-Simi Valley +4,400

San Francisco Bay Area: +97,400
San Francisco-Oakland-Fremont +51,000
San Jose-Sunnyvale-Santa Clara +32,600
Santa Rosa-Petaluma +8,300
Santa Cruz-Watsonville +3,600
Vallejo-Fairfield +1,400
Napa +500

San Diego-Carlsbad-San Marcos +24,600

Fresno-Madera +5,700
Fresno +6,300
Madera-Chowchilla -600

Santa Barbara-Santa Maria-Goleta +5,200

Sacramento-Arden Arcade-Yuba City +4,300
Sacramento-Arden Arcade-Roseville +6,000
Yuba City -1,700

Stockton +4,100

San Luis Obispo-Paso Robles +3,500

Modesto +2,400

Bakersfield +2,000

Salinas +2,000

Redding +1,900

El Centro +1,000

Visalia-Porterville +800

Hanford-Corcoran +500

Chico +400

Merced +100
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Old 12-28-2012, 10:53 AM
 
Location: yeah
5,715 posts, read 16,128,411 times
Reputation: 2968
but but but [assorted ramblings about Democrats and socialism in Sacramento and Washington].....
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Old 12-28-2012, 11:06 AM
 
880 posts, read 1,383,326 times
Reputation: 570
Quote:
Originally Posted by 18Montclair View Post
Data from the Bureau of Labor Statistics bls.gov

The improved economy is definitely noticeable as far as job growth. Hopefully we'll see accelerated growth in the coming year.

Net Non-Farm Job Growth, Nov 2011-Nov 2012

Los Angeles Basin: +100,200
Los Angeles-Long Beach-Santa Ana +84,800
Riverside-San Bernardino-Ontario +11,000
Oxnard-Thousand Oaks-Simi Valley +4,400

San Francisco Bay Area: +97,400
San Francisco-Oakland-Fremont +51,000
San Jose-Sunnyvale-Santa Clara +32,600
Santa Rosa-Petaluma +8,300
Santa Cruz-Watsonville +3,600
Vallejo-Fairfield +1,400
Napa +500

San Diego-Carlsbad-San Marcos +24,600

Fresno-Madera +5,700
Fresno +6,300
Madera-Chowchilla -600

Santa Barbara-Santa Maria-Goleta +5,200

Sacramento-Arden Arcade-Yuba City +4,300
Sacramento-Arden Arcade-Roseville +6,000
Yuba City -1,700

Stockton +4,100

San Luis Obispo-Paso Robles +3,500

Modesto +2,400

Bakersfield +2,000

Salinas +2,000

Redding +1,900

El Centro +1,000

Visalia-Porterville +800

Hanford-Corcoran +500

Chico +400

Merced +100
What type of jobs?
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Old 12-28-2012, 02:25 PM
 
Location: Spokane, WA
231 posts, read 577,785 times
Reputation: 242
I am an ex-California resident and despite claims by other posters on this forum, I hope all states in the United States of America prosper and we all do better as a country. Those are promising statistics for job growth for California. Good luck!
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Old 12-28-2012, 03:21 PM
 
Location: Pasadena, CA
9,829 posts, read 9,190,953 times
Reputation: 6288
Quote:
Originally Posted by Leonard64 View Post
What type of jobs?
Nothing but part-time Burger King/McDonald's type jobs, of course!

That's why California contributes a measly 13% of the nation's GDP. Jack-N-the-Box and Burger King!
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Old 12-28-2012, 04:05 PM
 
9,891 posts, read 11,398,834 times
Reputation: 22051
Quote:
That's why California contributes a measly 13% of the nation's GDP. Jack-N-the-Box and Burger King!
California only has the highest GDP in the nation, due to it's having the biggest population in the country.

When we convert it to Per Capita Gross Domestic Product which is the only true measure, it is #11 of all states in the nation.

Five years earlier, it had been #8. That is quite a change for 5 years. California is going backwards not ahead in the per capita GDP race.

One reason the GDP per capita is falling in California is the companies fleeing the state, and the middle class and upper class workers that are fleeing the state.

REAL PER CAPITA STATE GDP | Angry Bear - Financial and Economic Commentary
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Old 12-28-2012, 05:41 PM
 
Location: Pasadena, CA
9,829 posts, read 9,190,953 times
Reputation: 6288
Quote:
Originally Posted by oldtrader View Post
California only has the highest GDP in the nation, due to it's having the biggest population in the country.

When we convert it to Per Capita Gross Domestic Product which is the only true measure, it is #11 of all states in the nation.

Five years earlier, it had been #8. That is quite a change for 5 years. California is going backwards not ahead in the per capita GDP race.

One reason the GDP per capita is falling in California is the companies fleeing the state, and the middle class and upper class workers that are fleeing the state.

REAL PER CAPITA STATE GDP | Angry Bear - Financial and Economic Commentary
Have you looked at the populations of some of those states? They're tiny.

The top 2 (Delaware and Alaska) have a combined population of 1.5 million.

1.5 million. That's Fresno territory.

The only state comes with 50% of CA's population is New York, which came in at #7. Good for them. Interesting that recession-proof Texas, the big bad state that's supposed to kicking California's butt, comes in at #18.

California has issues, particularly the inland areas of the state (grew too fast), but the states productivity, all things considered is still very high.
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Old 12-28-2012, 07:28 PM
 
364 posts, read 596,821 times
Reputation: 620
What do the numbers mean relative to population growth? The list says that the LA basin added 100K jobs. But how many jobs are needed in order to keep pace with population growth? How many new jobs are needed by kids finishing college? How many are needed in order to bring the unemployment rate down? Just giving numbers is useless. It's like saying you bought 100,000 drops of gasoline. Means nothing. How much of a tank full is that?

Guess I know your answer. "Stop spoiling the party by asking for details".
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Old 12-28-2012, 08:24 PM
 
12,823 posts, read 23,912,612 times
Reputation: 11030
We're getting a pretty good pop right now from the latest Web bubble. Also, the national economy has had a dead cat bounce and that is driving some hiring in the traditional industries. Clean Tech has mostly been a bunch of hype with little actual substance and few direct jobs.
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Old 12-28-2012, 08:52 PM
 
Location: Pasadena, CA
9,829 posts, read 9,190,953 times
Reputation: 6288
Quote:
Originally Posted by sunshine7793 View Post
What do the numbers mean relative to population growth? The list says that the LA basin added 100K jobs. But how many jobs are needed in order to keep pace with population growth? How many new jobs are needed by kids finishing college? How many are needed in order to bring the unemployment rate down? Just giving numbers is useless. It's like saying you bought 100,000 drops of gasoline. Means nothing. How much of a tank full is that?

Guess I know your answer. "Stop spoiling the party by asking for details".
Unemployment in the state was at 11.2% at this time last year. It currently stands at 9.8%.

Unemployment was 3.7% higher vs the nation as a whole (Dec 2011), it's 2.1% higher now. I am we'll aware that this doesn't help paint the "CA is in irreversible decline" picture so many on this board want to gawk at, but it is what it is.

Last edited by RaymondChandlerLives; 12-28-2012 at 09:01 PM..
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