California’s Labor Market Recovery Lags Behind
- California ranked 50th in job growth in 2023, Hoover study
- California has lost both people and businesses since pandemic
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California is lagging behind the broader US post-pandemic jobs recovery.
The state ranked 50th in job growth in 2023, based on Census Bureau data measuring 12-month percentage changes on a quarterly basis. Lee Ohanian, a Hoover Institution fellow and an economics professor at University of California at Los Angeles, said that remains a source of concern, even though the state has many advantages that provides a foundation for economic growth, in a report that corrected a previous analysis of labor data.