Monday, 2 February 2009

California Employment Graph Update

In a previous post, I displayed this graph and wondered whether the Red line (California) above the Blue line (U.S.) was a new trend. Below is the updated graph after California’s miserable employment report for December. It looks pretty clearly like a synchronized collapse of employment, and not the beginning of a trend where the U.S. is declining more rapidly than California.

About the Author

Ethan Jacob

Author & Editor

I am Ethan Jacob Executive Director of the Center for Business and Policy Research at the University of the Pacific, where I have a joint faculty appointment in the Eberhardt School of Business and the Public Policy Program in the McGeorge School of Law..


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