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The UCLA Anderson forecast has overall consumer price hikes in California averaging 4.1% this year, cooling to 3.2% next year and 2.9% in 2025. That’s virtually the same as its forecast for ...
California, though, should continue to have an unemployment rate higher than the national average, the forecast said. That rate averaged 4.2% last year and is expected to climb to 4.6% this year ...
Many Americans saw their inflation-adjusted wages decline between 2020 and 2024, economists say. And wages had stagnated for lower- and middle-income Americans before the pandemic.
Let’s take a closer look at the big stories driving these 2024 forecasts. ... economic data including data on growth and inflation. ... 2024 will mark the 11th time since 1928 when the S&P 500 ...
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State economy is doing well, but there are bumps ahead, new forecast says. Inflation and higher interest rates could be an issue. California’s economy is thriving despite looming inflation risk ...
Two fast food workers share how their pay stacks up against California’s high living costs. Minimum wage in California is going up again in 2024. Is it enough to live on?
National average wages and salaries grew by nearly $15,000 from January 2021 to October 2023, according to the JEC Democrats. Surprise: Wage growth has actually outpaced the crushing inflation ...