10 Hrs
Source:
Los Angeles Times
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California's economy to grow modestly
California’s economy is expected to continue outperforming the national average, driven by investments in AI, aerospace, and defense industries. Despite strong growth, employment gains remain limited, with only modest job increases and ongoing labor market concerns. The state’s high-tech sector, fueled by record venture capital funding, has not yet translated into broad employment, but future job growth is anticipated in coming years.
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