
Addressing Job Losses Should Be Job #1 in Sacramento
According to a recent PPIC (Public Policy Institute of California) poll, almost half of Californians are worried that they, or someone in their family, will lose their job in the next year. With the unemployment rate topping 12 percent and given the fact that most of California’s job losses – 760,200 of the 952,800 attributed to the current economic recession – occurred only in the last year, those concerns are unfortunately well founded.
All told, more than two million Californians are unemployed, with thousands more joining their ranks every month. In July, eight industry sectors lost jobs, including 15,900 in the trade, transportation, and utilities fields, 10,700 construction jobs, and 3,300 manufacturing jobs.
The only sector to enjoy job gains over the year was educational and health with 17,900, but 3,300 jobs were lost there in July. Between July 2008 and July 2009 the trade, transportation and utilities sector lost a staggering 196,600 jobs. 144,500 construction jobs, 132,000 professional and business services jobs, 124,400 manufacturing jobs, 62,100 jobs in the leisure and hospitality industries and tens of thousands of other positions… Read More