CA manufacturing losses in March continue widening gap in industrial growth

Posted by Gino DiCaro, Vice President, Communications on April 20, 2012

California lost another 2,200 manufacturing jobs in March, according to today's Labor Market Information Department (LMID) report.  After a 33 percent loss of the state's industrial base over the last decade, the larger concern is an emerging trend in the country's manufacturing growth numbers.   Over the last two years California has increasingly lagged the U.S. in terms of new industrial jobs.

Since 2010 the U.S. grew it's manufacturing employment by 4 percent and a total of 470,000 jobs, while California remains stagnant with only 0.3 percent growth.

 

***4/23 CORRECTION: the previous chart said ".03%". It has been changed to accurately reflect "0.3%".  Thank you to Mary Ann Milbourn with the Orange County Register for pointing it out.





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