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California economy loses 69,900 jobs; unemployment rate hits 9%

California economy loses 69,900 jobs; unemployment rate hits 9%

Seth Sandronsky | The Center Square contributor (The Center Square) – The California economy, the biggest in the U.S., lost 69,900 nonfarm payroll jobs in January. The Golden State’s unemployment rate dropped from a revised 9.3% in December to January’s 9%. “California has regained more than 39% of the upwards-revised 2,714,800 nonfarm jobs that were […]

Study: California Lost 589,100 Jobs to China from 2001-2015

Study: California Lost 589,100 Jobs to China from 2001-2015

By CHRISS W. STREET A new study by the Economic Policy Institute (EPI) has found that California lost a net 589,100 jobs from 2001 to 2015, after China entered the World Trade Organization. Researchers at EPI found that the growing U.S. goods trade deficit with China displaced a net 3.4 million jobs in the United States. […]