Thursday, October 25, 2012

California economy to recover even more slowly

Not good news.
The study guesses that job growth in San Francisco (including Marin and San Mateo counties) will slip from 3.4 percent this year to 2 percent next year, and that Oakland's rate (Alameda and Contra Costa counties) will fall from 2 percent in 2012 to 1.9 percent in 2013.

San Francisco's outlook for 2014 is even worse -- while the study shows Oakland's job growth staying flat that year at 1.9 percent, San Francisco's drops to 1.4 percent in 2014.

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