California's employment hole remains huge. The state still has 1.3 million fewer jobs than it did at its peak in July 2007. Key sectors including housing continue to struggle. The state has lost more than 400,000 construction jobs since early 2006. More than 2.2 million Californians are unemployed; nearly half of them have been jobless for more than six months.

THE HOPE GAP: Americans Still Believe in Capitalism. Now Capitalism Has to Believe in Them.
Oct 19, 2026 · @John hope Bryant Only 15% of the Americans we surveyed believe capitalism is working the way
