total-news-1024x279-1__1_-removebg-preview.png

LANGUAGE

California job growth falls by most in the nation post-pandemic: report

Comparing before and after job creation across all states, California experienced the largest decline in job growth in the United States. COVID pandemica new report has revealed.

According to an analysis by Orange County Register columnist Jonathan Lanzner: California job creation From 2019 to 2023 (the last year before the pandemic, plus the period that includes coronavirus shutdowns and economic recovery), sales were down 54% compared to 2015 to 2019.

The report used federal and state employment data to examine job creation across California and in select major metropolitan areas.

In-N-Out Burger closure in Oakland due to crime problem is 'heartbreaking but necessary', officials say

Los Angeles County had one of the largest job declines in the report. (image/image)

According to the study, California gained 640,300 jobs between 2019 and 2023, recovering all jobs lost due to pandemic-related restrictions imposed by state and local governments and increasing the number of jobs recovered. In addition, many more jobs were created.

But that number is about 743,000 fewer than the 1.38 million jobs the state added from 2015 to 2019, before the pandemic. This caused California to fall from first place. National leader in job creation It was ranked 3rd in the first term, but was ranked 3rd in the latter four years.

Lanzner's analysis found that job growth has slowed in 25 of the 29 California job markets he studied. Employment in Los Angeles County is down 71% compared to pre-pandemic levels, 81% in San Francisco and 88% in the Oakland and Berkeley areas.

New York's downtown recovery after coronavirus infection is among the worst in the U.S., study says

california state capitol

The state and local governments of California have imposed severe restrictions during the coronavirus era, dealing a major blow to the economy. (Visions of America/Joe Sohm/Universal Images Group via Getty Images / Getty Images)

In addition to 49 other states nationwide. District of ColumbiaThe number of jobs added over the past four years was about 4.6 million, compared to about 7.7 million jobs added in the comparable period before the pandemic.

This means that job creation will slow down by about 40% nationwide, resulting in a relative job shortage of about 3.1 million people.

McDonald's store in downtown San Francisco closes for the first time in 30 years: 'It hasn't recovered since the pandemic'

san francisco skyline

The report found that the San Francisco Bay Area, which includes both San Francisco and the Oakland-Berkeley region, had the largest decline in relative job creation. (Brandon Slaughter/Getty Images/Getty Images)

Only 10 states were able to accelerate the pace of hiring in their economies during the 2019-2023 period compared to the 2015-2019 period.

Texas led the way. From 2019 to 2023, there were 191,900 more jobs than from 2015 to 2019, with Montana at 11,200 and North Dakota at 10,300.

CLICK HERE TO GET FOX BUSINESS ON THE GO

Seven other states followed, including South Dakota, Arkansas, Wyoming, Kentucky, Alaska, Idaho, and Kansas, with only modest net improvements in the pace of job creation.

Facebook
Twitter
LinkedIn
Reddit
Telegram
WhatsApp

SUBSCRIBE TO

Sign up to stay informed to breaking news