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Kathianne
06-19-2011, 10:56 PM
I mean, who'd have thunk that?

http://articles.ocregister.com/2011-06-16/news/29675308_1_joe-vranich-information-technology-disinvestment


60 more firms move jobs, work out of California
June 16, 2011|By JAN NORMAN

The pace of companies moving partly or completely out of California has accelerated in 2011, according to Irvine business relocation expert Joe Vranich.

Through June 16, 129 California companies have moved jobs, work and/or headquarters out of state, says Vranich who has been tracking what he calls "disinvestment events" for three years. That is 60 more since his last round-up April 15.

So far this year, the departures average 5.4 a week, compared to 3.9 a week in 2010 and one a week in 2009, Vranich says.

Separately, Register reporter Mary Ann Milbourn reports that out-of-state recruiters are starting to come after California workers too.

"Our losses are occurring at an accelerated rate," Vranich says. "Also, no one knows the real level of activity because some companies are not required to file layoff notices with the state because of their small size.

"A conservative estimate is that only one out of five company departures becomes public knowledge," he adds, "so that means California may suffer more than 1,000 disinvestment events this year."

...

CSM
06-20-2011, 05:49 AM
I find the term"disinvestment" very interesting. I guess the companies leaving do not think the state of California is a good investment!

Kathianne
06-20-2011, 09:02 AM
What I don't get is that people in government tend to be significantly better educated than the general population. Educated doesn't necessarily equate with intelligent, but a basic tenet of all disciplines is to watch for 'patterns' or 'trends.'

So, here we are in this disastrous economic morass and where are the few bright spots? Where are people keeping jobs? Moving to and attaining jobs? And the federal government wants to punish the successful (http://www.debatepolicy.com/showthread.php?31578-If-Not-For-McDonald-s-And-TX-What-Would-Unemployment-Be). The states facing the worst employment rates and consequently the greatest shortfalls of projected revenues, keep doing the things that caused their problems in the first place?

CSM
06-20-2011, 09:07 AM
What I don't get is that people in government tend to be significantly better educated than the general population. Educated doesn't necessarily equate with intelligent, but a basic tenet of all disciplines is to watch for 'patterns' or 'trends.'

So, here we are in this disastrous economic morass and where are the few bright spots? Where are people keeping jobs? Moving to and attaining jobs? And the federal government wants to punish the successful (http://www.debatepolicy.com/showthread.php?31578-If-Not-For-McDonald-s-And-TX-What-Would-Unemployment-Be). The states facing the worst employment rates and consequently the greatest shortfalls of projected revenues, keep doing the things that caused their problems in the first place?

I am not so sure that people in government are necessarily "significantly better educated" but I am willing to bet that people in government would love for the citizenry to believe that!

IMO, if there are any bright spots, they will be extinguished by the federales just as soon as the media highlights them. After all, that is what government is for!

Missileman
06-20-2011, 06:38 PM
I mean, who'd have thunk that?

http://articles.ocregister.com/2011-06-16/news/29675308_1_joe-vranich-information-technology-disinvestment

No worries...the NLRB will make them move back soon. :rolleyes: