"A recently released analysis from California's nonpartisan Legislative Analyst's Office estimates the state would have 200,000 more jobs today if remote work hadn't reshaped the labor market after the pandemic. The findings raise fresh questions about affordability, migration and how California taxes workers."
"Since 2019, employment in jobs with high rates of remote work grew 16% in the rest of the U.S. - but only 7% in California, according to the LAO report. The "job gap" is concentrated in four sectors: sales and marketing; finance and accounting; technology; and business and government operations."
"Migration accounts for roughly half the gap. In 2021, 43,000 remote-friendly workers moved to California, but 80,000 left - a net loss of 37,000. California's share of employees working mainly from home dropped from 21% to 13% in the two years after 2021, but has held steady si"
"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."
California’s labor market has been reshaped by remote work since the pandemic. A Legislative Analyst’s Office estimate finds the state would have about 200,000 more jobs today if remote work had not altered labor-market patterns. Employment in jobs with high remote-work rates rose 16% in the rest of the U.S. since 2019, while California’s growth was 7%. The estimated job gap is concentrated in sales and marketing, finance and accounting, technology, and business and government operations. Migration explains roughly half the gap, with more remote-friendly workers leaving California than arriving in 2021. California’s share of employees working mainly from home fell after 2021 and then stabilized.
Read at Sacramento Bee
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