The press is beginning to toss around figures of the billions lost by California agribusiness due to the drought. The current figure is $1.84 billion to agriculture alone, total costs around $2.74 billion.
Estimated losses to migrant labor are harder to find because los trabajadores internacionales migrate elsewhere in times of drought. Their "anecdotal information" is almost always more accurate than the professors, but they don't care about gross figures. If at all possible they will avoid becoming part of " the ripple effects to the entire economy." They aren't as tied to California real estate as a UC professor is, probably because they can't access UC's great low interest loan programs for professors and administrators.Read More »