Experts Warn of Job Losses in California
California could lose more jobs than most states to overseas competition, including about 1 in 6 jobs in Silicon Valley, experts told a state Senate panel.
State government may be partly to blame because it contracts for services that use overseas workers. In California, 11.5% of jobs could eventually be sent overseas, higher than the national average of 11%, Cynthia Kroll, an economist at UC Berkeley’s Walter A. Haas School of Business, told lawmakers. The figure for Silicon Valley is 15.7%.
More than two dozen states are considering legislation to stem such job losses, said Sen. Liz Figueroa (D-Fremont), who chairs the Senate Business and Professions Committee.
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