It has been a bad week for California jobs, especially in the Sacramento area. First Comcast announced it will close all three of it’s call centres, with a loss of 1,000 jobs, 300 of these in Sacramento. The the news that the Campbell Soup factory in Sacramento will close, with all 700 employees being laid off.
Campbell’s Sacramento factory was build in 1947 and is their oldest factory, but it also has the highest production costs. When the plant closes in summer 2013, operations will move to other factories in Texas, North Carolina and Ohio.
California’s unemployment rate is currently around 10%, one of the highest in the country.
California’s economy has been a mess for a while now. Too much debt.