Coronavirus economy: California recovery will lag United States rebound, experts say

Coronavirus economy: California recovery will lag United States rebound, experts say

3 years ago
Anonymous $y15ULlV7sG

https://www.siliconvalley.com/2020/12/09/coronavirus-economy-california-recovery-united-states-jobs-tech-hotel/

California’s weak economy will take longer than the rest of the nation to recover from its coronavirus-induced maladies due to strict business lockdowns imposed by state and local government agencies, according to a downbeat economic forecast released Wednesday.

One bright spot: Santa Clara County has recovered the jobs it lost during months of business shutdowns at a notably faster pace than is the case in California, the Bay Area, and every major metro center in the state, the UCLA Anderson Forecast reported Wednesday.