Posted: May 21, 2010 9:08 AM by Bethany Tucker
Updated: May 21, 2010 9:08 AM
Gov. Arnold Schwarzenegger says California has a long way to go before it can recover from the recession.
That's the statement his office has released in response to the latest unemployment numbers, released Friday. It says the state's unemployment rate remained unchanged at 12.6 percent in April, but the state did manage to add 14,200 jobs last month.
Here is the Governor's complete statement:
"While I am encouraged that April marked the fourth consecutive month California has added jobs, we have a long way to go for employment to recover from this great recession. For that to happen we need to see vigorous hiring in the private sector, and that's why I refused to propose new tax increases in my May Revision budget. Government needs to encourage private sector hiring, which will increase revenues and economic output, not discourage that hiring by increasing burdens on employers, which would stall our economic recovery. For proof, we need look no further than the announcement Tesla Motors made yesterday. Last year, the state enacted a tax exemption for Zero Emission Vehicle manufacturing equipment and eliminated a penalty imposed on corporations that added California employees, and now Tesla will ramp up its electric vehicle production at the Fremont NUMMI facility, action that could create more than 1,000 jobs in California."
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