03/05/2024

Surprise! California ranks worst state for business on another list

It’s another day, with another list slapping California as a place unfriendly to businesses. According to a survey of more than 700 CEOs, California ranks dead last.
The survey by Chief Executive magazine ranks the best and worst states, measuring CEO opinions on regulations, tax policies, workforce quality, educational resources, quality of living and infrastructure.
California got dinged for taxes, and workforce quality, but got fairly high marks for living environment. Everyone loves the weather here, right? The state’s relatively high unemployment rate — 9.8 percent in December — compared to the national average didn’t help the rating.

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