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Updated 4/11/2004; 11:27:54 AM
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Wednesday, March 10, 2004 |
Experts Warn of Job Losses in California
Los Angeles Times
>From Associated Press
March 10, 2004
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.
Source: UC Berkeley in the News
2:11:45 PM 
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