""California's 17 million workers created productivity growth of 3.9%, nearly double the median 2% growth for all states, showcasing its employment resilience despite anti-business perceptions.""
""Despite its anti-business reputation, California yields high productivity growth, ranking sixth nationally, illustrating that efficiency and worker output are significant assets to its job market.""
California continues to be the leading job market in the U.S., largely due to its high labor productivity, which reached 3.9% in 2024. This rate is nearly double the national average of 2%. Despite facing an anti-business environment, California's workforce demonstrates remarkable efficiency, ranking sixth in productivity growth. In comparison, its economic rivals like Texas and Florida lag behind, with productivity growth rates of 2.2% and 1%, respectively. This productivity indicates a strong capacity for output relative to labor employed, solidifying California's position as a dominant economic force in the country.
Read at The Mercury News
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