Yesterday, the Congress Joint Economic Committee released a new report containing handy econonic snapshots for each state and the District of Columbia. It's meant to give policymakers ready access to the major indicators: jobs, unemployment, personal earnings and housing. The two-page summaries aggregate essential data that describes the state's economic condition and outlook. There's also an interesting chart comparing the particular state's unemployment and job losses against every other state and the nation as a whole.
California's snapshot generally shows the state has been hit hard by the recession. Unemployment and job losses both rank higher than the national average. The outlook for California and the nation, according to the JEC:
As the economy recovers from the Great Recession, service-providing industries are projected to add the most jobs between 2008 and 2018, with the largest gains in professional and business services, education, health care and social assistance, and State and local government. Within the goods-producing sector of the economy, only the construction industry is projected to add jobs above its 2008 level.