https://www.siliconvalley.com/2021/02/28/california-revenues-soar-as-rich-get-richer-during-pandemic/

By Adam Beam | Associated Press

SACRAMENTO — At the end of 2020, California had lost a record 1.6 million jobs during the pandemic. Nearly a half-million people stopped even trying to look for work. Business properties saw their value plummet more than 30%.