California Is Losing More Workers Than Any Other State
Story by Aliss Higham • 3h
California, the most populated state in the country, is losing workers at a faster rate than anywhere else in the United States, according to a new report by the National Association of Realtors (NAR).
The Golden State is experiencing the highest number of people moving away for new career prospects. In the third quarter of 2023, the latest data set available, nearly 87,000 professionals left for opportunities in other states, surpassing its job inflows of about 69,000.
California experienced a net migration of -18,485 in that period among workers, far more than second place Illinois, where the rate was -4,598, according to NAR.
"High housing costs—particularly in areas like San Francisco and Los Angeles—coupled with a high cost of living, have driven many workers to relocate to more affordable states like Texas and Arizona," the NAR said in its report. "California's high state income taxes push workers to states with more favorable tax policies, such as Texas."
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