One in four children and more than three million Southern California residents live in poverty, according to government data.
A marked slowdown in the economies in China and throughout the European Union could negate any traction in statewide job growth, according to a UCLA forecast.
A small business conference held in downtown Los Angeles had some words of encouragement for local entrepreneurs facing a tough economic climate.
A new report suggests California’s unemployment rate could spike another 1.7 percent over the remainder of the year.
A new survey shows one-fifth of small business owners do not expect to stay in California longer than the next three years.
The move comes as pension contributions are expected to double in the next decade from about $155 million to about $306 million in 2020.
The latest forecast from UCLA says Orange County — ground zero for the housing meltdown — may not fully recover until middle of the decade, but is already showing signs of life.