Article

2024-11-26 Economy

California is losing more workers than it is gaining

[NYPOST] Tens of thousands of professionals left California last year while fewer moved in to the state as the exorbitant cost of living as well as high taxes make it harder to retain talent.

California lost nearly 87,000 professionals last year while just 69,000 relocated to the state, according to a report published by the National Association of Realtors.

The data comes on the heels of a fresh Bureau of Labor Statistics report which found that California's unemployment rate ticked up to 5.4% last month, the second highest in the nation.

Posted by Fred 2024-11-26 00:00|| || Front Page|| [11144 views ] Top

#1 California is well on it's way to becoming a 'ghost state'.

Posted by Seeking Cure For Ignorance 2024-11-26 02:08|| 2024-11-26 02:08|| Front Page Top

#2 Not a big surprise. Tennessee has ended up with a lot of these emigres.

Posted by JohnQC 2024-11-26 10:55|| 2024-11-26 10:55|| Front Page Top

#3 yeah, they all came to Boise

Posted by 746 2024-11-26 11:47|| 2024-11-26 11:47|| Front Page Top

#4 “Professionals.” I thought they were losing workers. They will be losing workers in a couple months.

Posted by Super Hose 2024-11-26 12:12|| 2024-11-26 12:12|| Front Page Top

#5 The raw data this is the basis for this NYPost article is from the National Association of Realtors. The presumption of the Association is that people who sell houses and buy houses are 'professionals'.

I think the NYPost used the word 'workers' in their title to be more general.

Posted by Lord Garth 2024-11-26 17:04|| 2024-11-26 17:04|| Front Page Top

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