News Flash! Jobs Forecast Shows Improvement in California

Check out the good news from ApparelNews.net…

Things are looking up for more jobs in California.

The pace of job creation should expand during the fourth quarter of this year.

That prediction was made by the A. Anderson Center for Economic Research at Chapman University in Orange, Calif., which released its California Index of Leading Employment Indicator report on Nov. 8.

“It means California is finally going to see some year-over-year job growth,” said Esmael Adibi, director of the Anderson Center. “There has to be more hiring.”

Researchers took into consideration movement in the value of real gross domestic product, real exports, the Standard & Poor 500 and the state’s total construction spending. They use a weighted average of changes in these variables to create the California Index of Leading Employment.

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