Commentary Economists at Chapman University expect total personal income in California to exceed $3 trillion in 2021, a 7.1 percent boost from 2020. The $3.013 trillion figure predicted by the economists, if realized, will be 20 percent higher than the $2.514 trillion total personal income Californians earned just three years ago, in 2018. To put…
Total Personal Income in California Expected to Exceed $3 Trillion
June 24, 2021
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Unemployment Rate Drops in LA, Orange Counties
April 16, 2021
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LOS ANGELES—Los Angeles County’s seasonally adjusted unemployment rate dipped to 11.3 percent in March, down from a revised 11.5 percent in February, according to figures released today by the state Employment Development Department. The 11.3 percent rate was still well above the pre-pandemic rate of 5.4 percent in March 2020. In Orange County, where seasonally…
Orange County Career Counselors Reflect on Challenging Job Market
As Orange County looks toward economic recovery in the New Year, the industrial unrest it leaves behind has prompted some residents of the Southern California region to rethink their career choices. Some professionals are making riskier professional moves, while others are seeking out new fields, career counselors told The Epoch Times. The shakeup came after…
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Strong Economic Growth Forecast for San Jose and San Francisco
Commentary Employment information jobs in San Jose, San Francisco and Seattle increased five percent in 2020, despite a large number of anecdotal evidence to the contrary—and also despite a six percent decrease of information jobs across the U.S. during the pandemic-ravaged year. Broadly speaking, “information jobs” includes employment in traditional media such as publication, telecommunications,…