California Economy

(credit: Getty Images)

UCLA Anderson Forecast Predicts Unemployment Rate Will Continue To Fall

A new report says California’s economy is expected to continue its steady recovery and predicts the state unemployment rate will drop more than a percentage point over the next two years.


(credit: CBS)

UCLA Forecast: California Economy ‘Painfully Plodding’ Along

California’s economy will continue to show steady but unremarkable growth in the months ahead, according to a UCLA economic forecast released Thursday.


Giant wooden murals of farmworkers are seen at 'The Farm' February 9, 2005 in Salinas, California. Artist, John Cerney, created his giant life-like murals of farmworkers based on actual people who have worked in the Salinas Valley agriculture community. (credit: Justin Sullivan/Getty Images)

Record Drought Expected To Leave Thousands Jobless, Cost $1.7 Billion In Agriculture

Researchers say California’s drought could cost the state’s agricultural economy $1.7 billion this year and leave more than 14,000 farmworkers without work.


(credit: Scott Olson/Getty Images)

Mario Lopez Will Help Introduce Powerball To California April 8

Is California’s economy going to be saved by the Powerball?



California Economy Slips, Now 9th Largest In The World

The Golden State has lost some of its luster – California has slipped from its No. 8 ranking among the top economies in the world.


(Credit: MARK RALSTON/AFP/Getty Images)

Report: California Economy Is On Road To Recovery

A new report says California is on the road to economic recovery but should expect a long and bumpy ride, with double-digit unemployment likely to continue through 2012.

CBS2 / KCAL9–03/22/2011