Episode Details
Back to EpisodesCalifornia's Economy: Booming but Uneven
Description
Californias economy surges past the nations, with a robust 3.8% growth rate in Q4, but hiring lags, causing unemployment to remain above 5% for nearly two years. The states tech sector thrives, while construction, retail, and hospitality struggle. Unemployment is projected to decline to 4.8% by 2027, with job growth picking up to 2.1% by then.
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