"Job gains here in Southern California have outpaced those of the nation in recent months. As a result, the unemployment rates of Los Angeles County and its neighbors are all in single digits. While a welcome development, unemployment rates in Los Angeles County and the Inland Empire are still well above normal long-run levels. There are concerns about the effect of sequestration budget cuts on the economy over the next few months. At this point, it appears the cuts might mute growth in Southern California, but the private sector will continue to add jobs."
LAEDC Kyser Center Chief Economist Robert Kleinhenz on the April 2013 labor and unemployment report.
