Page 18 - 2018 Forecast_Neat

Macro Economic Outlook

Extremely Tight Labor Markets

CA & US Unemployment Rates Difference between US-CA unemployment rates

Source: http://www.labormarketinfo.edd.
ca.gov/?pageid=164
CA Unemployment for Aug. 2017: 5.4%

California 7 Year Jobs Recovery

Job Changes Month Over Month

Recession Job Losses: 1.3 million

Since Jan. 2010: +2.4 million

Source: SOURCE: CA Employment Development
Division, Total Nonfoarm Employment
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