Tough Times and California

From a blog post from Gino DiCaro of the California Manuafcturers and Technology Association, “Create California jobs through efficient, effective regulations and renewed commitment to economic development“:

We must understand the impact new rules and regulations will have on job creation. Recent trends, resulting in unacceptable job and wage loss for California workers are alarming and unsustainable. Site Selection magazine has released new research showing, over the last three years, California averaged only 3.7 new or expanded industrial facilities per 1 million people, while the national average was 28.7. These results coupled with the fourth worst unemployment rate in the nation and an eroding manufacturing base requires a new perspective on California’s regulatory and economic development priorities.

It’s not about one regulation, it’s not about one industry or sector, it’s about overall process improvement and a renewed commitment to jobs in California.

The April 13 post released an open letter to the Legislature with more than 300 companies supporting a campaign to expand the Legislature’s oversight of California’s government agencies.

From the Bureau of Labor Statistics, unemployment rates in February for the bottom 10 metropolitan areas in the United States. Anything jump out?

363 Hanford-Corcoran, CA Metropolitan Statistical Area 18.2
364 Stockton, CA Metropolitan Statistical Area 18.4
365 Fresno, CA Metropolitan Statistical Area 18.5
366 Rockford, IL Metropolitan Statistical Area 18.6
367 Visalia-Porterville, CA Metropolitan Statistical Area 18.7
368 Modesto, CA Metropolitan Statistical Area 19.1
369 Yuma, AZ Metropolitan Statistical Area 19.9
370 Yuba City, CA Metropolitan Statistical Area 21.6
371 Merced, CA Metropolitan Statistical Area 22.1
372 El Centro, CA Metropolitan Statistical Area 27.2

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