It’s according to the latest UCLA Anderson Forecast, which predicts Silicon Valley job growth, will especially help lower the state’s unemployment rate to about five percent in two years.
Nationally, Senior Economist David Shulman
“We think unemployment is on its way down to around four and a half percent…we’ll be generating about 200-thousand jobs a month, and we’ll probably get a little more inflation than the Fed expects.”
He says growth will be driven by increases in consumer spending and housing
But could be styimied by future world events including our presidential race.
Ken Jeffries, KABC News
