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California lost jobs for the fourth straight month in September, with unemployment rising to 5.6%, the nation’s highest rate aside from D.C.

Chapman University’s economic forecast predicts just 62,000 new jobs next year as high taxes push businesses and higher-earning residents to low-tax states like Texas and Florida.

California lost jobs for the fourth consecutive month in September — and it’s expected to add only 62,000 new jobs next year as high taxes drag on business formation, according to a report released Thursday.

The annual Chapman University economic forecast released Thursday found that the state’s job growth totaled just 2% from the second quarter of 2022 to the secon

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