California has lost another 1,200 manufacturing jobs in 2010 while Texas has gained 29,500, reports the California Manufacturers & Technology Association.
“Looks like Texas grabbed new high-wage manufacturing jobs at a clip of 1,100 per 1 million of its citizens while California lost approximately 32 jobs per 1 million of its own hard workers. Ouch,” said association spokesman Gino DiCaro.
The 1,200 lost jobs are on top of the 631,000 manufacturing jobs California lost from 2001 to 2010, CMTA says, based on data from the Employment Development Dept.
California continues to be a target of other states eager for economic development through cherry picking the Golden State’s companies, according to a recent Reuters article.
Reuters said:
“Texas in particular has been busy scouring California for companies tired of high taxes and unpredictable regulations, and analysts see the Lone Star State as a lodestar for new GOP-led states eager to spur business.
“Texas has set its sights on companies in the Golden State because ‘California is a target-rich environment,’ said Ray Sullivan, Republican Governor Rick Perry’s chief of staff.”
The Sacramento Bee’s Capitol Alert blog recently noted that on his recent book tour, Gov. Perry bragged about luring businesses from Texas. Based on Dun & Bradstreet data, 153 California companies have moved to Texas and 92 moved in the opposite direction.
The Tax Foundation recently introduced an interactive chart showing people moving into and out of each state per year. Texas was to #1 destination of outbound Californians in 2008, the most recent data available.
