California shows strong jobs growth

By John Seiler | Cal Watchdog

New data show strong jobs growth continuing in California throughout the year. That’s good news for the state’s workers. And it’s especial good news for one jobholder in particular: Gov. Jerry Brown, who is being coy about a re-election run but likely will go for a fourth term.

The California Index of Leading Employment Indicator jumped to 128.4 in the first quarter of 2014 from 122.5 in the fourth quarter of 2013. The indicator is compiled by the A. Gary Anderson Center for Economic Research at Chapman University. Any number above 100 indicates growth; below 100 means jobs shrinkage.

The following graph follows the Indicator’s path over the last eight years, dramatically showing the jobs crash in California during the Great Recession, and the subsequent recovery.

at Cal Watchdog.

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