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NEWS
September 12, 1995
After a recession that claimed 12.6% of California's jobs--10.8% of that in Los Angeles County--economists see a bright future for the state's job market. Economic strengths--particularly in entertainment and tourism--will propel it into the 21st Century ahead of national norms in terms of new jobs and production increases. Los Angeles placed second in a survey of the 20 markets with the largest expected growth in white-collar jobs by 2004.
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NEWS
September 12, 1995 | John Burton, The Financial Times
The California economy produces more goods and services annually than Canada. And with each passing year, its prosperity becomes increasingly linked to its success in the global economy. As the state approaches a new millennium, it faces challenges that will help determine whether it will become an even bigger economic force in the world or whether it will fade amid mounting problems at home. Financial Times correspondents, based both here and in capitals abroad, give their impressions on the California economy through a special lens.
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