(The Center Square) — The state-funded Legislative Analyst’s Office found California had “no job creation” in the fourth quarter of 2024, citing federal data that shows the state lost approximately 80,300 jobs between January and December of 2024.
The LAO’s report also noted that jobs estimates have overestimated job growth by 25,000 jobs per month.
“Since mid-2022 … five out of six quarterly early benchmark revisions have shown weaker employment trends than first reported by the monthly survey,” wrote the LAO. “For context, the monthly survey has overestimated net job growth by 25,000 jobs per month on average over this period.”
The quarterly seasonally-adjusted benchmark revisions by the Federal Reserve Bank of Philadelphia cited by the LAO incorporate the Quarterly Census of Employment and Wages, which includes 95% of U.S. jobs, to “augment” the monthly Current Employment Statistics.
The latest dataset found that California jobs declined from 18,010,000 in January 2024 to 17,929,700 in December 2024 resulting in a net loss of 80,300 jobs over the course of the year.
The early benchmark for the first quarter of 2025 suggests California has continued to lose more jobs than expected, though by April, jobs had nearly recovered to January levels. California had 17,909,000 jobs in January 2025, declining to 17,881,000 in March 2025.
Jobs sharply rebounded in April, rising to 17,898,600. It’s likely ongoing jobs cuts at California’s state and local governments, exacerbated by risks to federal funding, could result in losses in taxpayer-funded jobs. Because California has lost nearly 200,000 private sector jobs since 2023 — losses that were only offset by growth in taxpayer-funded jobs — layoffs or even reduced hiring in the taxpayer-funded sector, could have a significant impact on California employment.
80,000 jobs lost while importing 3 times that in illegals to get as much federal money as possible to finance in filthy lucre the traitorous intentions of the Democrat Party crime families that now run that state. I wonder how many of those jobs were just burned out of existence in Los Angeles fires caused by their incompetency, or went out of busness having had their store stocks emptlied by looting protesters? What sane person capable of wealth creation whose surplus wealth can be shared with others would not just pack up and leave the Californian borders of a now created “One flew over the cuckoo’s nest” political insane asylum for the criminals? These voting people of California do not need a wealth aborting Dr Newsum, but a nurse Ratchet with a hatchet. When you force businesses to pay people more than the job is worth, it’s only a matter of time before the failing businesses and jobs begin to disappear. In a free nation where sel-governing individuals control their own lives and fortunes any form of government price/cost manipulation intervention just gets in the way of prosperity, and you soon begin to run out of other peoples’ money that props up the illusion that socialism actually works for the good of THE PEOPLE.
YET THYE still claim to have one of the best economies in the nation.
If you are White, Asians, Hispanic, and even middle eastern and anybody who is not black – you ARE justified to feel discriminated by Blacks Americans because you are – and you have every reason not to like black America – As shown for all of us to see and experience its A VERY RACIST BLACK AMERICA pushing a very racist black supremacism and socialism that is influencing the behavior of the black culture in general and putting on display for all of us to see a culture that has been taught for the past 50 years in their homes and neighborhoods, hate and racism towards the white population
Though out Africa, black nations are some of the NASTIEST places to live.. AND EVEN With western money and tech, are still Zellholes to live..