ORANGE COUNTY REGISTER

SoCal Job Growth Will Slow Next Year, Especially in Orange County

Anil Puri

Anil Puri presenting at the annual Economic Forecast Conference, “Sustainable Growth? Adapt, Connect, Transform in a Shifting Global Economy.”

Economists Anil Puri and Mira Farka predict that Southern California job growth will slow dramatically over the next three years.

Sharing their findings during the 23rd annual Economic Forecast Conference, the economists said no obvious trigger accounted for the current drop in employment and noted that the unemployment rate is still low by historical standards, with the economy appearing to be near full employment.

Their report indicates: “While the national employment has been robust, job growth in Orange County and California appears to have slowed down over the last several months. Southern California and Orange County, in particular, are in a local downturn as employment growth has stagnated.” Continue reading in the Orange County Register.

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