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Tuesday, October 2, 2012

California has a way to go

The two charts above from the U.S. Bureau of Labor Statistics serve as a reminder that California's economic recovery still has a way to go.  You probably knew that but it is also a reminder that the state budget, and the UC budget, which ultimately depend on the underlying economic tax base, will also be under strain for some time to come.

Note: A summary of the UCLA Anderson Forecast for the national and state economies is available at:


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