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Old 07-22-2016, 01:37 PM
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Thumbs up 'California Dreamin'

"Defying critics of the state’s new regulations, California continued to pad its hefty payrolls in June. Employers in the state added 40,300 jobs over the month, the state reported Friday.

But unemployment in the state increased to 5.4%, from 5.2% in May. The national unemployment rate also ticked up in June, rising to 4.9%, from 4.7% in May.

In the last 12 months, California added 461,100 jobs, growing at a rate of 2.9%, faster than the national rate of 1.7%.

A perennial target for critics, California’s economy has earned fresh criticism of late, thanks to the $15 minimum wage, new mandatory paid sick leave, and laws that increase liability for labor violations." LA Times

http://www.latimes.com/business/la-f...nap-story.html
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Old 07-22-2016, 01:48 PM
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A perennial target for critics, California’s economy has earned fresh criticism of late, thanks to the $15 minimum wage, new mandatory paid sick leave, and laws that increase liability for labor violations.

The U.S. Chamber of Commerce said in a report this month that those policies were costing California its long-held economic advantage over the rest of country.
Yes, all these things are deserving of harsh criticism. Nice job, LA Times. The check is in the mail.
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Old 07-22-2016, 08:06 PM
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Yes, all these things are deserving of harsh criticism. Nice job, LA Times. The check is in the mail.
Huh? Did you read the link? They were being critical of critics like the Chamber of Commerce.
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Old 07-22-2016, 08:11 PM
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I read it. I see no counter argument or criticism of the US Chambers criticism, only that California's short tern trends don't support the Chamber's long term predictions.
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Old 07-22-2016, 08:26 PM
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I read it. I see no counter argument or criticism of the US Chambers criticism, only that California's short tern trends don't support the Chamber's long term predictions.
Other than letting the numbers speak for themselves?
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Last edited by bobabode; 07-22-2016 at 08:29 PM.
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Old 07-22-2016, 10:10 PM
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Other than letting the numbers speak for themselves?
Short term results don't confirm long term predictions.
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Last edited by Boreas; 07-22-2016 at 10:15 PM.
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Old 07-22-2016, 10:13 PM
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Short tern results don't invalidate long term predictions.
Whadda you have against seabirds?
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Old 07-22-2016, 10:15 PM
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Whadda you have against seabirds?
It's just the short ones I don't like.
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Old 07-22-2016, 10:17 PM
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It's just the short ones I don't like.
Heightist.
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Old 07-23-2016, 07:04 AM
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It is well known that the Chamber of Commerce is for the wealthy and dead set against the rest of the populace.
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