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Study: Expect More California Jobs in Second Quarter

San Diego Union Tribune (05/07/12) Jonathan Horn

Chapman University’s California Employment Indicator Index rose to 110.4 in the second quarter from 109.1 in the first quarter, with readings over 100 meaning positive job growth is expected. The number of jobs created statewide should rise to 65,000 in the second quarter from 58,000 during the first quarter, says Esmael Adibi, director of the Anderson Center for Economic Research at Chapman. Just over 18,000 jobs were created in April, with an unemployment rate of 11%, and Adibi says, “I believe a little improvement should show up in the next few quarters.”