California Economy By The Numbers: April 2013


  • California's job growth rate of 1.9% is outpacing the national average which means we are adding more jobs at a faster rate. And the state’s unemployment rate is at 9.0 percent – the lowest rate in four years. (California Employment Development Department)

  • Due to California’s diverse industry mix the state added jobs in multiple high paying sectors such as business and professions, healthcare, education, trade and transportation, information, and finance. All of these sectors posted significant increases over the last year. (California Employment Development Department)


  • California is by far the number one state for manufacturing both in jobs and output. Manufacturers in California account for 11.7 percent of the total output in the state, employing almost 9 percent of the workforce. Total output from manufacturing was $229.9 billion in 2011, significantly more than any other state. (National Association of Manufacturers)




  • California’s 2,324 biomedical companies employ 267,000 people. This industry accounts for $115 billion in annual revenues – which is more than the annual Gross State Product of 18 U.S. states. (California Healthcare Institute)





  • California has more Fortune 500 companies than any other state, 53 in total. (Fortune Magazine)

Numbers Current as of 5/17/12

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