California’s Job Market Should Outpace The Nation but…
According to George Avalos, business reporter for the East Bay Times, “California’s job market should outpace the nation’s employment performance during 2021 – but remain two years away from climbing back to the record job totals the state reached in early 2020” according to the UCLA Anderson Forecast just out. Also, the report cast doubt that there would be a widespread exodus from the Bay Area, which s great news to hear! ”The forecasters believe that most departures might be temporary and due primarily to short-term dislocations associated with the COVID-19 outbreak. They are unconvinced that any exodus has resulted from a structural long-term response to the sky-high taxes and exorbitant cost of living in the Bay Area and California generally.
