…but is about to have the highest unemployment rate?
Right now, California has the second highest seasonally adjusted unemployment rate in the country at 5.5%.
Unemployment Rates for States
Guess which state has the most Federal employees? That’s right, California has 253,600 Federal employees, basically the same as real estate businesses, warehouses and physician offices. It’s a big number.
Trump doesn’t like California and he doesn’t want Federal employment. What are the odds that California isn’t hit with significant Federal employee RIFs?