More Flee California Than Move In

The L.A. Times reports:

California's population continued to grow modestly in the last fiscal year despite a significant exodus of residents to other states, according to a state report released Wednesday.

The annual study by the Department of Finance showed that 89,000 more people moved out of California than moved here from elsewhere in the United States. California's population did grow in fiscal 2007 -- but the growth rested on births and the arrival of more than 200,000 immigrants from other countries.



The shift dovetails with the state's weakening economy and is most likely related, said Howard Roth, chief economist for the Department of Finance.

Those who left, Roth said, were fleeing an economy in which just 5,800 jobs per month were created -- down from more than 20,000 per month the previous year. Jobs were lost in housing, finance, construction and other sectors, and key indicators like the number of automobiles sold were also down, he said.

A sign that California is no longer viewed as a good place to do business.