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Looks like outside of San Francisco which has the highest job growth rate of 4% that the rest of the state has fast weakening economic conditions.
Los Angeles employment is basically stagnant at well less than 1% job growth year over year.
I have a feeling that when the next recession comes Los Angeles will be economically in a very bad position, San Francisco on the other has lots of IPO's composed of money-losing schemes that wealthy investor elites will be drooling over so they will likely be in a position where a metro that makes up less than 20% of the state's population will have to provide for 80% of the states population.
Interesting, how a state of 40 million people will be dependent on a single metropolitan area for tax revenue in a state with rapidly escalating social problems and third-world conditions.
Looks like outside of San Francisco which has the highest job growth rate of 4% that the rest of the state has fast weakening economic conditions.
Los Angeles employment is basically stagnant at well less than 1% job growth year over year.
I have a feeling that when the next recession comes Los Angeles will be economically in a very bad position, San Francisco on the other has lots of IPO's composed of money-losing schemes that wealthy investor elites will be drooling over so they will likely be in a position where a metro that makes up less than 20% of the state's population will have to provide for 80% of the states population.
Interesting, how a state of 40 million people will be dependent on a single metropolitan area for tax revenue in a state with rapidly escalating social problems and third-world conditions.
My coworker said you need to make $100K to live. Really unfortunate for the poor.
Looks like outside of San Francisco which has the highest job growth rate of 4% that the rest of the state has fast weakening economic conditions.
Los Angeles employment is basically stagnant at well less than 1% job growth year over year.
I have a feeling that when the next recession comes Los Angeles will be economically in a very bad position, San Francisco on the other has lots of IPO's composed of money-losing schemes that wealthy investor elites will be drooling over so they will likely be in a position where a metro that makes up less than 20% of the state's population will have to provide for 80% of the states population.
Interesting, how a state of 40 million people will be dependent on a single metropolitan area for tax revenue in a state with rapidly escalating social problems and third-world conditions.
Have you been to third world countries? Seriously, have you?
I use to love California and been there several times... Now I don't even want to visit... Or even think about it... But the people who live there refuse to leave and cling to low paying jobs.... Ironic for a liberal state.. complain about low wages but is the status quo in their own state...
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