California employment outlook dips

An index aimed at measuring job growth showed prospects dipping in California in the first quarter of 2013.

The Chapman University California Leading Employment Indicator – released Thursday – is a calculation that includes gross domestic product growth, real exports, California construction spending, and the Standard and Poor’s 500.

For the first three months of 2013, it came out to 112.8. That was down from 113.7 in 2012’s fourth quarter, and was the second consecutive quarter in which it has fallen.

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