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But, he warned, “if home prices and rents continue to rise here, then yes, we would expect California inflation to remain above national inflation.” The California Association of Realtors ...
“California employers have been hearing about an economic downturn, and in response have been freezing hiring, withdrawing job offers and even undertaking layoffs, in some cases.
With a potential recession looming, California faces an estimated $25-billion deficit. Lower spending on transportation, housing and education could help close the gap.
Inflation is down and the number of U.S. job openings has fallen from over 12 million in March 2022 to just 8.8 million in July, all while the unemployment rate has remained under 4%.
The Fed’s favorite inflation gauge—the core personal consumption expenditures (PCE) price index, which excludes more volatile food and energy prices—rose 2.8% from a year ago in March. That ...
Inflation and higher interest rates could be an issue. State economy is doing well, but there are bumps ahead, new forecast says. Inflation and higher interest rates could be an issue.
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Layoffs can happen during a recession and losing your source of income is scary. Evaluate your job security and pick up a side hustle to feel confident you can ride out the hard times.