The Governor announced today that California has grown 1 million jobs since 2010. This is a significant and long awaited accomplishment for those who have suffered economically over the past 6 years.
Total employment growth since 2007, however, has only but just a little over 80,000. The million jobs that were created since 2010 essentially replaced the million jobs that were lost in the recent recession but have not yet kept up with our growing population. Additional and stronger jobs growth is still needed to push our state ahead, meet the needs of all who are looking for work, and build a stronger economic base generating the public revenues needed to support the budget stability the Governor has worked hard to create.
Jobs reforms are also needed to expand the scope and reach of this recovery. As the Governor has acknowledge, California continues a two-tier recovery, with inland regions still lagging and jobs growth only at the upper and lower wage scales. Broader based recovery—as California has experienced in past recoveries—has yet to reach many middle class jobs. As shown in the following table, job shifts since 2007 have been primarily to Educational, Health Care, and Accommodation and Food Services while the state’s regulatory, tax, and cost structures have stalled real middle class jobs recovery in Construction, Manufacturing, and Finance.
|Change, 2010 to Nov 2013||% Change, 2010 to Nov 2013||Change, 2007 to Nov 2013||% Change, 2007 to Nov 2013|
|Natural Resources and Mining||3,500||13.1||3,600||13.5|
|Transportation and Warehousing||39,900||9.8||-1,300||-0.3|
|Finance and Insurance||11,600||2.3||-89,600||-14.6|
|Real Estate and Rental and Leasing||10,500||4.2||-24,700||-8.7|
|Professional, Scientific and Technical S||120,500||11.9||76,700||7.2|
|Management of Companies and Enterprises||16,000||8.2||4,200||2.0|
|Administrative and Support and Waste Services||118,600||13.8||-17,800||-1.8|
|Health Care and Social Assistance||109,500||7.4||199,400||14.4|
|Arts, Entertainment, and Recreation||23,900||9.8||15,200||6.0|
|Accommodation and Food Service||158,200||12.6||108,100||8.3|