COVID delta variant spooks consumers, slows California recovery: new report
https://www.mercurynews.com/2021/09/29/covid-delta-spooks-consumers-slow-california-jobs-economy-layoff/
The spread of COVID’s delta variant is slowing California’s economic recovery as it seeks to rebound from the epic job losses that devastated the state and Bay Area at the start of the pandemic, according to the state’s leading economic forecast, released Wednesday.
The growth of California’s job market is expected to trail the United States in 2021, according to the UCLA Anderson Forecast, which just six months ago projected that the Golden State would bounce back much faster than the nation. Now, forecasters said, it will be 2022 before the state is poised to charge past the nation.
COVID delta variant spooks consumers, slows California recovery: new report
Sep 30, 2021, 2:27pm UTC
https://www.mercurynews.com/2021/09/29/covid-delta-spooks-consumers-slow-california-jobs-economy-layoff/
> The spread of COVID’s delta variant is slowing California’s economic recovery as it seeks to rebound from the epic job losses that devastated the state and Bay Area at the start of the pandemic, according to the state’s leading economic forecast, released Wednesday.
> The growth of California’s job market is expected to trail the United States in 2021, according to the UCLA Anderson Forecast, which just six months ago projected that the Golden State would bounce back much faster than the nation. Now, forecasters said, it will be 2022 before the state is poised to charge past the nation.