Local area still tiptoeing through the recession

Healthy job market eases fears

A booming labor market that has created jobs for nearly everyone who wants them should drive salaries higher next year in Ventura and Los Angeles counties and keep the recession at bay, a newly released economic forecast says.
But fewer jobs will be created statewide as the recovery from the 2008 subprime mortgage crisis moves into its eighth year.
“Ventura County and Los Angeles residents are working and spending money again, which has provided economic stimulus that should carry t...

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