UCLA Anderson Forecast: California Economy to Mirror U.S. with Job Growth Absent Even as Economy Recovers
In its first quarterly report of 2010, the UCLA Anderson Forecast renders a �bipolar� diagnosis for the national economy, referencing the dual conditions of slow-but-sure growth in the national gross domestic product, coupled with an unemployment rate predicted to remain in double digits until 2012.
The California economy remains focused on job creation as well, with conditions ripe for growth that has yet to appear.