"“From 2019 to 2024, if California's employment in heavily remote job groups had grown at the nationwide rate, the state would have had 200,000 more jobs in 2024 than it actually had,” the LAO report stated."
"“From 2019 to 2024, if California's employment in heavily remote job groups had grown at the nationwide rate, the state would have had 200,000 more jobs in 2024 than it actually had,” the LAO report stated."
"LAO analyst Seth Kerstein, who is one of the authors of the report, emphasized that the missing jobs number is an estimate, not a certainty. In order for California to have maintained the same level of job growth compared to the rest of the country, “there's a lot that would need to happen economically,” he said."
"Alamo and Kerstein said in an interview that a number of economic forces could be responsible for this trend. Wages are higher in California, but so is the cost of living. The increased prevalence of remote work since the pandemic means some California workers can move to cheaper places to live without losing their jobs. Also, residents of other states now have more options to work remotely for Golden State employers without having to pay California prices on housing and other"
California’s labor market analysis estimates that without the shift to remote work during COVID-19, the state would have had about 200,000 more jobs in 2024. Before the pandemic, job growth in sectors with high remote-work rates outpaced the rest of the country. After COVID-19 increased remote work for public and private employees, that pattern reversed. From 2019 to 2024, employment in heavily remote job groups grew 16% in the rest of the U.S., while growth in California was 7%. The estimate is not certain and depends on additional economic conditions. Wage levels and cost of living in California, plus worker relocation and out-of-state remote access to California employers, may contribute to the gap.
Read at Modesto Bee
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