A recent series of economic forecasts proclaim that California’s economy and job market are growing faster than in the U.S. overall and that trend is expected to continue over the next few years. The state's unique climate and geographical delights continue to attract wealthy visitors and immigrants from around the globe. Since 2012, net job growth has been faster in California than in the U.S. overall- a trend that is expected to continue. A recent economic forecast from UCLA projects that California's unemployment rate will fall to 4.8% by 2017, down from a high of more than 12% in 2010. Read more >
Factors that favor California are weather, geography and a diverse mix of industries. Economic growth has been swiftest in Silicon Valley, San Francisco and San Diego — hubs for innovation in the technology, software and life sciences industries. External factors that affect the California economy, such as the slowdown in China and the drought, are not expected to have widespread impact on growth in a $2.3-trillion state economy.
For California workers, certain tools are available to compare different options and learn what you need to pursue your goals. The Interest Profiler helps you decide what kinds of occupations and jobs you might want to pursue. The Skills Profiler can help you explore occupations that require your skillset. Work Importance Profiler helps job seekers figure out what's important to them in a job.