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REPORT: California's Job Growth Bill Be Slow, Steady

REPORT: California's Job Growth Bill Be Slow, Steady

CALIFORNIA -- A new forecast says California will continue its slow and steady job growth, but that growth may leave some workers behind.

UCLA's latest Anderson Forecast shows the state unemployment rate is expected to fall to under 8 percent next year and just under 7 percent by 2015 -- with a few choice areas leading the way.

San Francisco, San Jose, Santa Monica and San Diego are all doing relatively well because they are part of the tech sector, Forecast Director Ed Leamer said.

[ READ MORE from the Anderson Report ]

However, Leamer says the Valley may continue to suffer. Low-skilled work, construction and manual labor aren't rebounding.

"There's a long-term negative trend in manufacturing. And the reason that's especially important is we built the middle-class in the factories of America," he said.

California unemployment stood at 8.7 percent in July. 

 

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