Payrolls in Orange and Los Angeles counties will continue to expand this year and next, but at a more modest rate than before, while job creation in the Inland Empire soars.
That’s the prediction of Cal State Fullerton economists in their semi-annual forecast, released today.
“Orange County is close to full employment,” said Mira Farka, co-author of the survey with Anil Puri. “So any future gains will occur at a slower clip than in previous years.
“Inland Empire growth will be more robust because the economy there has a lot more slack. In L.A. we’ll see job growth, but at the same pace as before.”
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