New employment statistics suggest California’s job market has been significantly weaker than previously reported.

My trusty spreadsheet took a stab at estimating the geeky math that turned into a high-profile national debate: the Bureau of Labor Statistics’ routine revisions of its employment data.

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Before we get into the debate, here are the highlights: California bosses added only 18,000 workers in the year ending in March, according to new job counts instead of the 88,000 previously reported. That’s a 70,000 gap, or 80% fewer jobs.

California’s slim growth helps explain 2025’s sluggish economic activity – from weak consumer confidence to tepid home and auto sales to fast-food discounting and growing government deficits. The new administration’s unorthodox business po

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