ECONOMIC & DEMOGRAPHIC SNAPSHOT

FIGURE 1

CALIFORNIA
85+

Number of individuals in each age category, by race

POPULATION DEMOGRAPHICS

Highlights: 56% of Non-Latino White population is over the age of 40 while 55% of the Latino population is under the age of 30 (See Figure 1). 50% of households in the state have an annual income below $60,000 (See Figure 3). In 2010 the state lost more than 1.25 million jobs, more than twice the total number of jobs lost between 1996 and 2009 (See Figure 6).

80 84

75 59

70 74

65 69

60 64

1 in 11

*OF THE LABOR FORCE

ARE UNEMPLOYED

55 59

50 54

THE POVERTY LINE

*excluding individuals living in group quarters

LIVE BELOW
TOTAL

4 1 in 8

45 49

40 44

35 39

37,253,956
Asian 7% Black 6% Other 4%

CALIFORNIA RESIDENTS

30 34

25 29

20 24

15 19

10 14

59

04

Latino 40%

White 43%
0 300,000 600,000 900,000 1,200,000 1,500,000 POPULATION White Latino Black Asian Other

Source: 2006-2010 American Community, US Census

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Economic and Demographic Snapshot

CALIFORNIA
FIGURE 2 EDUCATIONAL ATTAINMENT BY RACE AND ETHNICITY
Percent of population 25 and older, by population category

Less than High School

High School

Some College

Bachelor's Degree or Higher 0 10% White

Source: 2006-2010 American Community, US Census

20% Latino Black

30% Asian Other

40%

50% California (all combined)

FIGURE 3

HOUSEHOLD INCOME DISTRIBUTION

Number of households in each income category

$200,000 or more $150,000 to $199,999 $125,000 to $149,999 $100,000 to $124,999 $75,000 to $99,999 $60,000 to $74,999 $40,000 to $59,999 $20,000 to $39,999 Less than $20,000 0 500 1,000 1,500 2,000 2,500

HOUSEHOLD IN THOUSANDS
Source: 2006-2010 American Community, US Census

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Economic and Demographic Snapshot

CALIFORNIA
FIGURE 4
20% 14% 8% 2% 4% 10% 16% 22% 28% 34% 40% Government (18%) Information (3%) Hospitality (12%) Mining & Construction (1%) Wholesale Trade (4%) Retail Trade (11%) Other Services (4%) Financial (7%) Education & Health (14%) Transportation & Utilities (3%) Manufacturing (6%) Business Services (18%)

PERCENT CHANGE IN EMPLOYMENT BY SECTOR AND PERIOD

% 07 09 % 09 11

Source: Bureau of Labor Statistics, Current Employment Statistics (CES) seasonally adjusted Note: Number in parentheses is sector size by employment share.

FIGURE 1
20% 16%

FIGURE 5

UNEMPLOYMENT RATE

Percent of unemployed

12%

12%

9%

8%

4%

0%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 California United States

Source: U.S. Bureau of Labor Statistics, Current Population Survey (CPS) and Local Area Unemployment Statistics (LAUS)

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Economic and Demographic Snapshot

CALIFORNIA
FIGURE 6 JOBS GAINED AND LOST, BY SOURCE
Number of jobs lost or gained annually

FIGURE 5
2500 1950 1400 850 300 250 800 1350 1900 2450 3000 1996 1997

NUMBER OF EMPLOYEES IN THOUSANDS

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Firms Opening Firms Closing

Firms Expanding Firms Contracting

Firms Moving In Firms Moving Out

Net Change

Source: National Establishment Time Series (NETS) database, Walls & Associates. Analysis: Collaborative Economics.

HIGHLIGHTS

The recent economic downturns hit Californias economy significantly, with the unemployment rate in 2010 reaching 12%, the highest unemployment rate recorded in decades (see Figure 5). As of March 2012, Californias unemployment rate was 11.5%. The most affected sector in terms of the percent change in employment was Government, cutting down more than 30% of employment between 2007 and 2011 (See Figure 4). Education and Health Services was the only sector that experienced a consistent increase in employment between 2007 and 2011 (See Figure 4).

REGIONS

Bay Area Butte Fresno Inland Empire Los Angeles

Orange Redwood Coast Sacramento San Diego San Luis Obispo

Sierra Nevada Silicon Valley Sonoma

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