“Painfully Plodding” California Economy, UCLA Anderson Forecast Finds
California's "painfully plodding" economic recovery will continue its slow march through 2016, according to the quarterly UCLA Anderson Forecast. The third-quarter report, released Thursday, predicts that the state unemployment rate will sink to 5.7% by the end of 2016 from 7.4% now. That would continue to top the national rate, which UCLA economists expect will fall