Nor is manufacturing declining unusually fast in California, as the Milken Institute claims, thinks Steve Levy, the boss of the Centre for the Continuing Study of the California Economy, another research outfit. When California is compared with the entire country rather than a hand-picked group of alleged rival states, he says, its manufacturing job losses rank in the middle. Besides, he says, it is a mistake to count the decline of the aerospace industry in the early 1990s, which was caused by the end of the cold war. Excluding aerospace, California's share of the country's high-tech jobs has remained steady at just over 20%, estimates Mr Levy.

基于1个网页-相关网页