LOS ANGELES-California’s coastal cities show the strongest employment gains, according to the fourth quarter UCLA Anderson Forecast. In total, California has nearly regained the jobs lost during the downturn, gaining over 1 million jobs through October 2013. The report determined that new enterprises are fueling the growth and occurring more rapidly than businesses are hiring additional employees.

The Inland Empire lagged behind somewhat in the growth. This is expected to change in the coming year, however, with the addition of a new medical center at the University of California, Riverside. Specifically, the medical center will add higher education jobs to the inland region. Kern County’s energy boom is also expected to augment higher education jobs in the region.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.