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Bakersfield, California

Bakersfield, California. Flourishing within Kern County. Employment and Cost of Living. Kern County…Looking Forward. Jobs Momentum Will Extend into 2012. Employment, % change yr ago, 3-mo MA. Sources: BLS, Moody’s Analytics. Job Growth In Bakersfield Surpasses U.S. Non-farm employment.

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Bakersfield, California

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  1. Bakersfield, California Flourishing within Kern County

  2. EmploymentandCost of Living

  3. Kern County…Looking Forward

  4. Jobs Momentum Will Extend into 2012 Employment, % change yr ago, 3-mo MA Sources: BLS, Moody’s Analytics

  5. Job Growth In Bakersfield Surpasses U.S.Non-farm employment Bakersfield United States California

  6. Bakersfield United States San Diego Los Angeles Silicon Valley Job Growth Comparison across California Metros Non-farm employment

  7. Five-year Wage and Salary Growth 2004–2009 Five-year Job Growth 2005–2010 Overall Index 2011

  8. Working-Age Population (Ages 18-64) Growth Relative to 2005

  9. Employment & Unemployment

  10. Employment Growth Will Be Broad Based Employment, % change year ago Sources: BLS, Moody’s Analytics

  11. … Due to Makeup of Core Industries Agricultural and natural resources employment, % of total Sources: BLS, Moody’s Analytics

  12. Oil Prices Spur Natural Resources Jobs Sources: BLS, Moody’s Analytics, WSJ

  13. Low Operating Costs Are an Asset Cost of doing business, 100=U.S. Source: Moody’s Analytics

  14. Valley Regains Housing Affordability Edge Housing affordability, % of median house/income Sources: Moody’s Analytics

  15. Housing Prices Remain Low

  16. Bakersfield Has Ranked High Among Best-Performing Cities 2007–2011

  17. Business Overview Local Industry Projections Kern County’s Top Private Employers Annual Salary Comparison

  18. Quality of Life Climate – Bakersfield and Kern County Cost of Living Index • Average Annual Temperature 65.3º F • Average High 76.9º F, Average Low 53.6º F • January Temperature • Average High 56.0º F, Average Low 39.0º F • July Temperature • Average High 97.0º F, Average 70.0º F • Precipitation – Annual Rainfall 5.4 Inches Rent Paid in Kern County

  19. Quality of Life Gross Domestic Product (GDP) San Joaquin Valley 2001 - 2010 2011 Annual Commute Pattern Comparisons

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