The Dynamism Index by State

Dynamism Indicators for California

2014
1. Business Churn 21.3% 17.0%
2. Jobs in New Companies 3.9% 2.4%
3. Jobs in Incumbent Companies 52.9% 70.1%
4. Labor Market Churn 37.0% 24.8%
5. Labor Force Participation 66.4% 62.4%
6. Change in Firms -1.2% 1.7%
7. Net Migration -7.1 -0.8
Score 65.6 40.9
Ranking 11 7
1. Business Churn 20.6% 17.0%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 55.0% 70.1%
4. Labor Market Churn 36.2% 24.8%
5. Labor Force Participation 65.9% 62.4%
6. Change in Firms -1.2% 1.7%
7. Net Migration -12.6 -0.8
Score 59.7 40.9
Ranking 15 7
1. Business Churn 20.6% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 55.7% 70.1%
4. Labor Market Churn 34.4% 24.8%
5. Labor Force Participation 65.8% 62.4%
6. Change in Firms -0.2% 1.7%
7. Net Migration -13.9 -0.8
Score 60.0 40.9
Ranking 15 7
1. Business Churn 20.3% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 56.7% 70.1%
4. Labor Market Churn 29.6% 24.8%
5. Labor Force Participation 65.5% 62.4%
6. Change in Firms 0.8% 1.7%
7. Net Migration -12.3 -0.8
Score 57.1 40.9
Ranking 15 7
1. Business Churn 20.3% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 57.0% 70.1%
4. Labor Market Churn 32.4% 24.8%
5. Labor Force Participation 65.8% 62.4%
6. Change in Firms 1.4% 1.7%
7. Net Migration -8.1 -0.8
Score 60.0 40.9
Ranking 15 7
1. Business Churn 20.1% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 58.5% 70.1%
4. Labor Market Churn 34.2% 24.8%
5. Labor Force Participation 66.3% 62.4%
6. Change in Firms 1.4% 1.7%
7. Net Migration -4.7 -0.8
Score 61.1 40.9
Ranking 13 7
1. Business Churn 20.2% 17.0%
2. Jobs in New Companies 3.6% 2.4%
3. Jobs in Incumbent Companies 59.1% 70.1%
4. Labor Market Churn 30.0% 24.8%
5. Labor Force Participation 66.5% 62.4%
6. Change in Firms 1.2% 1.7%
7. Net Migration -2.9 -0.8
Score 59.5 40.9
Ranking 15 7
1. Business Churn 19.6% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 59.2% 70.1%
4. Labor Market Churn 32.4% 24.8%
5. Labor Force Participation 66.4% 62.4%
6. Change in Firms 1.3% 1.7%
7. Net Migration -2.5 -0.8
Score 59.1 40.9
Ranking 10 7
1. Business Churn 19.3% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 59.5% 70.1%
4. Labor Market Churn 31.0% 24.8%
5. Labor Force Participation 67.2% 62.4%
6. Change in Firms 1.3% 1.7%
7. Net Migration -1.8 -0.8
Score 58.2 40.9
Ranking 9 7
1. Business Churn 19.4% 17.0%
2. Jobs in New Companies 3.1% 2.4%
3. Jobs in Incumbent Companies 60.2% 70.1%
4. Labor Market Churn 32.0% 24.8%
5. Labor Force Participation 67.1% 62.4%
6. Change in Firms 1.7% 1.7%
7. Net Migration -1.2 -0.8
Score 58.1 40.9
Ranking 7 7
1. Business Churn 19.9% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 62.0% 70.1%
4. Labor Market Churn 37.0% 24.8%
5. Labor Force Participation 66.7% 62.4%
6. Change in Firms 1.0% 1.7%
7. Net Migration -3.1 -0.8
Score 61.0 40.9
Ranking 9 7
1. Business Churn 19.9% 17.0%
2. Jobs in New Companies 3.3% 2.4%
3. Jobs in Incumbent Companies 63.5% 70.1%
4. Labor Market Churn 31.2% 24.8%
5. Labor Force Participation 65.9% 62.4%
6. Change in Firms 1.4% 1.7%
7. Net Migration -2.7 -0.8
Score 56.6 40.9
Ranking 8 7
1. Business Churn 19.9% 17.0%
2. Jobs in New Companies 3.3% 2.4%
3. Jobs in Incumbent Companies 64.1% 70.1%
4. Labor Market Churn 30.0% 24.8%
5. Labor Force Participation 65.6% 62.4%
6. Change in Firms 1.0% 1.7%
7. Net Migration -4.1 -0.8
Score 54.8 40.9
Ranking 10 7
1. Business Churn 20.2% 17.0%
2. Jobs in New Companies 3.4% 2.4%
3. Jobs in Incumbent Companies 64.7% 70.1%
4. Labor Market Churn 29.6% 24.8%
5. Labor Force Participation 65.5% 62.4%
6. Change in Firms 2.4% 1.7%
7. Net Migration -6.7 -0.8
Score 56.4 40.9
Ranking 8 7
1. Business Churn 21.2% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 64.7% 70.1%
4. Labor Market Churn 27.2% 24.8%
5. Labor Force Participation 65.4% 62.4%
6. Change in Firms 2.0% 1.7%
7. Net Migration -8.0 -0.8
Score 56.2 40.9
Ranking 11 7
1. Business Churn 19.7% 17.0%
2. Jobs in New Companies 2.7% 2.4%
3. Jobs in Incumbent Companies 66.0% 70.1%
4. Labor Market Churn 32.4% 24.8%
5. Labor Force Participation 65.6% 62.4%
6. Change in Firms 1.6% 1.7%
7. Net Migration -7.3 -0.8
Score 53.5 40.9
Ranking 13 7
1. Business Churn 19.7% 17.0%
2. Jobs in New Companies 2.6% 2.4%
3. Jobs in Incumbent Companies 67.1% 70.1%
4. Labor Market Churn 30.0% 24.8%
5. Labor Force Participation 65.8% 62.4%
6. Change in Firms -0.6% 1.7%
7. Net Migration -4.0 -0.8
Score 49.5 40.9
Ranking 10 7
1. Business Churn 19.2% 17.0%
2. Jobs in New Companies 2.4% 2.4%
3. Jobs in Incumbent Companies 67.9% 70.1%
4. Labor Market Churn 24.0% 24.8%
5. Labor Force Participation 65.2% 62.4%
6. Change in Firms -3.2% 1.7%
7. Net Migration -2.7 -0.8
Score 41.5 40.9
Ranking 9 7
1. Business Churn 17.5% 17.0%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 69.0% 70.1%
4. Labor Market Churn 25.0% 24.8%
5. Labor Force Participation 64.2% 62.4%
6. Change in Firms -2.0% 1.7%
7. Net Migration -2.0 -0.8
Score 39.0 40.9
Ranking 10 7
1. Business Churn 17.1% 17.0%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 69.3% 70.1%
4. Labor Market Churn 24.8% 24.8%
5. Labor Force Participation 63.5% 62.4%
6. Change in Firms -0.2% 1.7%
7. Net Migration -1.4 -0.8
Score 39.8 40.9
Ranking 9 7
1. Business Churn 16.5% 17.0%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 69.5% 70.1%
4. Labor Market Churn 25.4% 24.8%
5. Labor Force Participation 63.1% 62.4%
6. Change in Firms 1.7% 1.7%
7. Net Migration -1.2 -0.8
Score 40.5 40.9
Ranking 9 7
1. Business Churn 16.4% 17.0%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 69.8% 70.1%
4. Labor Market Churn 22.8% 24.8%
5. Labor Force Participation 62.7% 62.4%
6. Change in Firms 1.3% 1.7%
7. Net Migration -1.3 -0.8
Score 38.1 40.9
Ranking 8 7
1. Business Churn 17.0% 17.0%
2. Jobs in New Companies 2.4% 2.4%
3. Jobs in Incumbent Companies 70.1% 70.1%
4. Labor Market Churn 24.8% 24.8%
5. Labor Force Participation 62.4% 62.4%
6. Change in Firms 1.7% 1.7%
7. Net Migration -0.8 -0.8
Score 40.9 40.9
Ranking 7 7

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Dynamism Index

  • United States
  • California

Business Churn

  • United States
  • California

Jobs in New Companies

  • United States
  • California

Jobs in Incumbent Companies

  • United States
  • California

Labor Market Churn

  • United States
  • California

Labor Force Participation

  • United States
  • California

Change in Firms

  • United States
  • California

Net Migration

  • United States
  • California

Download the ISD Report