[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Houman David Hemmati, MD, PhD [@houmanhemmati](/creator/twitter/houmanhemmati) on x 71.2K followers Created: 2025-07-19 02:21:52 UTC 🚨 California has reached a new low under @CAgovernor @GavinNewsom : the state's unemployment rate rose to XXX% in June 2025, tying Nevada for the highest in the nation. Newsom repeatedly boasts that California is the world's fourth-largest economy, with a GDP of $XXX trillion, but this statistic rings hollow when the state leads the country in joblessness and continues to grapple with massive homelessness. According to the latest data from the Bureau of Labor Statistics and California's Employment Development Department, the state lost a net XXXXX jobs in June. Business and professional services suffered XXXXX layoffs, with declines also in manufacturing, information, and other sectors. Health care and government posted gains, but they were insufficient to offset the broader contraction. Experts attribute this to the ongoing slowdown in the tech sector—exacerbated by AI-driven disruptions—combined with high living costs and state employment policies that inflate hiring expenses. In the Bay Area, San Francisco's unemployment rate jumped XXX percentage points to 4.2%, with job seekers in San Francisco and San Mateo counties increasing by 17.7%. While unadjusted figures show a 4,000-job gain, seasonally adjusted data reveals a net loss of XXX jobs, including XXX in government and over XXX in private education and health services due to summer breaks. Professional services added XXXXX jobs, but this barely mitigated the damage. Newsom's policies—high taxes, excessive regulations, and inaction on housing and energy costs—have fueled this economic stagnation, driving businesses and jobs out of state. His administration's "progressive" agenda has made California inhospitable for growth, prioritizing ideology over practical solutions. What good is being the fourth-largest economy if it fails to benefit most residents? California's homelessness crisis underscores this failure: the state accounts for XX% of the nation's homeless population, with over XXXXXXX individuals affected according to the 2024 HUD Point-in-Time count. Billions spent on programs have yielded minimal results, leaving streets lined with encampments and families in despair. Under Newsom, California is divided: prosperity for the elite in tech enclaves, hardship for everyone else. He campaigns nationally on an "economic miracle" while ignoring the job losses, poverty, and human suffering at home. His tenure has been marked by recalls, scandals, and unfulfilled promises—proving his leadership is a profound failure. We must demand accountability: lower taxes, streamlined regulations, and effective policies to restore jobs and housing. California deserves better than Newsom's empty rhetoric.  XXXXXX engagements  **Related Topics** [gdp](/topic/gdp) [the worlds](/topic/the-worlds) [the nation](/topic/the-nation) [gdp growth](/topic/gdp-growth) [Post Link](https://x.com/houmanhemmati/status/1946395033093198093)
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Houman David Hemmati, MD, PhD @houmanhemmati on x 71.2K followers
Created: 2025-07-19 02:21:52 UTC
🚨 California has reached a new low under @CAgovernor @GavinNewsom : the state's unemployment rate rose to XXX% in June 2025, tying Nevada for the highest in the nation. Newsom repeatedly boasts that California is the world's fourth-largest economy, with a GDP of $XXX trillion, but this statistic rings hollow when the state leads the country in joblessness and continues to grapple with massive homelessness.
According to the latest data from the Bureau of Labor Statistics and California's Employment Development Department, the state lost a net XXXXX jobs in June. Business and professional services suffered XXXXX layoffs, with declines also in manufacturing, information, and other sectors. Health care and government posted gains, but they were insufficient to offset the broader contraction. Experts attribute this to the ongoing slowdown in the tech sector—exacerbated by AI-driven disruptions—combined with high living costs and state employment policies that inflate hiring expenses.
In the Bay Area, San Francisco's unemployment rate jumped XXX percentage points to 4.2%, with job seekers in San Francisco and San Mateo counties increasing by 17.7%. While unadjusted figures show a 4,000-job gain, seasonally adjusted data reveals a net loss of XXX jobs, including XXX in government and over XXX in private education and health services due to summer breaks. Professional services added XXXXX jobs, but this barely mitigated the damage.
Newsom's policies—high taxes, excessive regulations, and inaction on housing and energy costs—have fueled this economic stagnation, driving businesses and jobs out of state. His administration's "progressive" agenda has made California inhospitable for growth, prioritizing ideology over practical solutions.
What good is being the fourth-largest economy if it fails to benefit most residents? California's homelessness crisis underscores this failure: the state accounts for XX% of the nation's homeless population, with over XXXXXXX individuals affected according to the 2024 HUD Point-in-Time count. Billions spent on programs have yielded minimal results, leaving streets lined with encampments and families in despair.
Under Newsom, California is divided: prosperity for the elite in tech enclaves, hardship for everyone else. He campaigns nationally on an "economic miracle" while ignoring the job losses, poverty, and human suffering at home. His tenure has been marked by recalls, scandals, and unfulfilled promises—proving his leadership is a profound failure.
We must demand accountability: lower taxes, streamlined regulations, and effective policies to restore jobs and housing. California deserves better than Newsom's empty rhetoric.
XXXXXX engagements
Related Topics gdp the worlds the nation gdp growth