California: worst for small business

by John Seiler | December 25, 2013 1:05 am

It’s common knowledge that small businesses create most new jobs. Now this bad news[1] for California:

California has landed on another naughty list, ranking as the state with the least friendly policy environment for small businesses, according to report from an advocacy organization.

“The¬†Small Business & Entrepreneurship Council[2]¬†annually ranks the 50 states based on policy measures and costs impacting small businesses. For the second year in a row, California ranked No. 50.

“South Dakota topped the list.”

Current unemployment rate [3]in South Dakota: 3.6 percent.

In California: 8.5 percent.

That’s 2.4 times as much.

Endnotes:
  1. bad news: http://www.bizjournals.com/sacramento/news/2013/12/23/california-small-business-policy-list.html?ana=RSS&s=article_search
  2. Small Business & Entrepreneurship Council: http://www.bizjournals.com/profiles/company/us/va/oakton/the_small_business_%26_entrepreneurship_council/3318628
  3. Current unemployment rate : http://www.bls.gov/web/laus/laumstrk.htm

Source URL: https://calwatchdog.com/2013/12/25/california-worst-for-small-business/