San Rafael-based software company Autodesk said in an earnings statement Tuesday that it will cut 13 percent, or nearly 1,200 jobs, in a restructuring. An Autodesk spokesperson declined to give details on where those job cuts would be and said the company had no comment beyond what was in the earnings statement, which was released after the stock market closed. Shares of Autodesk fell more than 12 percent in after-hours trading. Autodesk employs some 9,000 people in its offices globally, including a combined 2,000 at its San Rafael headquarters and a San Francisco office.
Though the labor market has grown robustly nationwide this year, progress has been uneven across blue states and red states. An increasing number of people in red states have stopped looking for work, while a larger share of people in blue states are actively in the workforce.
The six largest states experienced significantly different net domestic migration results. Florida has led in net domestic migration, adding 1.025 million residents from other states since 2010. Florida has also led in three of the seven years. Texas led in the first four years of the decade and has added 945,000 net domestic migrants. Among the other four largest states, the net domestic migration losses have been substantial. The smallest loss has been in Pennsylvania at approximately 215,000.
In fact, expect to hear more political chatter of all kinds as Californians gear up to select a governor, lieutenant governor, attorney general and other statewide constitutional officers; new Assembly members (all of them) and state senators (just half); members of Congress including a U.S. senator; and a yet-to-be-determined number of ballot propositions that may claim to remedy the housing crisis, fix healthcare policy and repeal the new gas tax, for starters.
Millions of Americans are shut out of jobs they could do because of occupational licensing laws. They have the ability and desire, but can’t overcome the high cost of getting the governmental license that’s required before they can legally work in a job field.