Sunny but expensive: Thousands more workers left California than arrived during a stretch last year. Here's where they went.
Briefly

from Los Angeles Times4 months ago
Nadia Evangelou, a senior economist for the Realtors association, stated, "The lack of affordable housing doesn't just impact homebuyers. It also affects the state's ability to retain talent." This highlights the larger economic implications of housing costs.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-11-25/thousands-of-california-workers-are-moving-out-of-the-state-where-are-they-going
The analysis revealed California has a strong job market but has lost nearly 87,000 workers to other states this year, reflecting the challenges posed by high living costs.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-11-25/thousands-of-california-workers-are-moving-out-of-the-state-where-are-they-going
Despite a robust job market, high living costs and a lack of affordable housing have compelled many Californians to seek employment in states like Texas and Arizona.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-11-25/thousands-of-california-workers-are-moving-out-of-the-state-where-are-they-going
California has lost more workers than any other state in the analysis, with Nadia Evangelou noting, "This trend is concerning because it reflects the economic strain that high housing costs place on professionals."
Los Angeles Timeshttps://www.latimes.com/business/story/2024-11-25/thousands-of-california-workers-are-moving-out-of-the-state-where-are-they-going
Read at Los Angeles Times
#job-market #worker-migration #housing-costs #economic-challenges
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