The statistics tell us that California is in the midst of an economic recovery – albeit, uneven growth that mirrors what’s happening at the national level.
In its third quarterly report of 2013, released earlier this month, the UCLA Anderson Forecast predicts that the Golden State’s payroll job growth will rise by 1.7% in 2013, 1.9% in 2014 and 2.2% in 2015. The state’s unemployment rate will average 8.9% this year, then drop to 7.9% in 2014 and 6.9% by 2015 (U.S. unemployment fell to 7.3% in August).
The question is: how do these numbers translate with Californians who’ve had to endure the state’s worst recession in over 75 years? Are they feeling better, worse, or just hanging in there?
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