Economists at UCLA Anderson School of Management forecast steady gains in California employment through 2018 as well as a decline in the state’s unemployment rate, but high home prices will continue to temper economic growth. In the school’s quarterly UCLA Anderson Forecast, economists said California’s employment rate is expected to grow steadily through 2018, with jobs growth of 2 percent in 2016, 1.7 percent in 2017 and 1.1 percent in 2018.

BING NEWS:
  • Opinion: California’s Goal to Be Carbon-Neutral by 2045 Could Slow Growth of Logistics Industry
    One of the biggest unknowns about a carbon-neutral future is the impact on economic sectors that depend on transportation, especially Southern California’s logistics industry.
    05/28/2024 - 5:54 am | View Link
  • Walters: What does California's climate goals mean for its economy?
    One of the biggest unknowns about a carbon-neutral future, however, is the impact on economic sectors that depend on transportation. A new report on one of those sectors, Southern California’s ...
    05/28/2024 - 5:35 am | View Link
  • ACT Expo 2024 Takeaways: Sustainability Goals, Meet Financial Realities
    As the electrification market inches from the pilot phase to everyday use cases, the magnitude of the effort — and the cost — came into sharper focus at the industry's biggest clean transportation ...
    05/28/2024 - 4:47 am | View Link
  • Close prisons, save money. There’s a simple solution to California’s economic woes | Opinion
    The LAO notes that the state can close at least five more prisons — resulting in a savings of $1 billion annually. Last year’s budget called for the closing of two prisons with annual savings of over ...
    05/25/2024 - 12:00 am | View Link
  • On California’s Central Coast, Battery Storage Is on the Ballot
    In Morro Bay, residents fearing that a proposed storage facility for renewable energy could hurt tourism or start fires have pushed a local ballot initiative that could stop its development.
    05/24/2024 - 10:05 pm | View Link
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