As “Unemployment rates fell last month in more than three-quarters of the nation’s states“, including California, the Obama-Waxman-Boxer recovery still is not adding enough new jobs in the Golden State to keep up with a growing workforce:
California’s unemployment rate ticked down to 11.9% in April after the state added 8,900 jobs, a relatively small number in a state still suffering from the Great Recession.
The job gains are disappointing in light of U.S. employment figures, released earlier this month, that showed that the nation gained 244,000 jobs in April. California should have about a tenth of those gains if it is keeping track with the national recovery. The state needs to add about 12,500 jobs a month just to keep up with new entrants to the labor force.
The unemployment rate in April 2010 was 12.4% and the state has added 144,200 jobs since then.
That’s barely one-third of the “approximately 400,000” new jobs Mrs. Boxer, citing White House figures, said the $800-billion dollar “stimulus” would (save or) create here in California. Oh, and that’s not counting jobs lost between February 2009 (when she and a majority of the California congressional delegation voted for the legislation) and April 2010.
Despite this sluggish job growth, our Democratic governor still thinks a budget which doesn’t maintain high taxes is a “non-starter.” ” Jerry Brown,” George Will wrote in a recent column, “is too eager to embrace taxes.” Guess he’s okay with the state’s double-digit unemployment rate, the second highest in the nation.