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Tag: Jerry Nickelsburg

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UCLA California Forecast: ‘We’re in a World of Hurt’

The UCLA Anderson Forecast released on Friday predicts that California will help drive the nation’s economic recovery this year with an expected labor force growth of 128,000 new workers, or +2.1 percent. But Forecast’s Director Ed Leamer cautioned that while California payrolls reached a new high of 17.8 million jobs, the number is still running 16 percent behind states’ long-term trend. Leamer’s concluded, “We’re in a world of hurt.”