10/14/2019

Calfiornia Economy Gaining Steam but Recovery Uneven

The economic recovery in the Bay Area and California is gaining steam, analysts said Thursday, yet the pace of job growth is being hampered by new technologies that enable employers to limit hiring.

Economists with the closely watched UCLA Anderson Forecast say the Bay Area is leading the economic rebound in California, and that California is leading the nation. But the upswing is uneven.

“This is a bifurcated recovery,” said Anderson Forecast senior economist Jerry Nickelsburg.

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