California jobs market dismal, report says

(The Center Square) – New research shows California is the Not-So-Golden State when it comes to jobs. Pacific Research Institute, a Pasadena-based, nonpartisan free market think tank, went as far back as March 2001 to examine past business cycles and how California’s employment market and overall economy stack up against other states. The results are in PRI's new report "California at a Crossroads: How Bad Policy Cost California Its Economic Edge – and How to Win It Back." Authors are Wayne Winegarden, a senior fellow in business and economics for PRI, and Kerry Jackson, a journalist, opinion writer and fellow at PRI's Center for California Reform. Winegarden said California’s employment market was outpacing the country after the financial crisis of 2007. However, that has changed in recent years. “What we're seeing now - since February 2020, the current cycle - the overall non-farm employment growth in California is less than half the gr