By Brittney Sherman
In the month of October, that state of California not only recovered all 2,758,900 jobs lost during the pandemic, but they were also responsible for creating 20% of all new jobs across the Nation. When compared to the pre-pandemic job count, California now has 30,800 more jobs than it had in February 2020.
An estimated 6,800 new jobs with an average salary of $113,013 is projected to be the result of $123 million in tax credits and grants awarded through the Cal Competes Program. The state’s investment in cutting edge industries including electric vehicles, semiconductor and microchip manufacturing, and eco-friendly electricity is expected to bring $1.9 billion in new private investment over the next five years.
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov