The CalWatchdog has an interesting story about people leaving the state.
The New York Times ran a fascinating graphic showing how California, while still a major destination of those from foreign lands, no longer is the land of opportunity for people from other U.S. states. The Times:
California, shown above, has long been the destination of American dreamers from other states. It no longer plays that role; residents are leaving for greener pastures out East. Today, the state is still pulling in foreign immigrants, but the percentage of American-born transplants has shrunk significantly as more people leave the state. (Here’s much more detail about California’s exodus.) There are now about 6.8 million California natives living elsewhere, up from 2.7 million in 1980.
That will have serious negative consequences for state economic growth. If the best and brightest leave instead of come here, then our talent pool will be much smaller.
Well, I guess as a consolation prize we still have all our wonderful government workers and their unions.
Now compare this to a employment growth chart from a report by The Deloitte University Press. Zero job growth in California.
It is clear to see why the California recover is not robust.