A commenter on the California employment situation asks the perfect follow-up question to every trend – what are the other important changes happening? Specifically, if job growth in California is flat over the last decade – are we really in the same economic situation as in 2000?
Answer: No, it’s worse.
According to the San Francisco gate, California has added around five million residents, but jobs have not grown along side them.
So really, today’s chart is even more evidence that a “recovery” is not underway in California. The shift must be called something else.
This is the official trend blog of Competitive Futures, a management consultancy that provides trend research and analysis for business and government around the world. Here, we update you on interesting trends we see as part of our work for our clients.
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