With the American and California economies still creating jobs, and unemployment rates getting lower in the United States and California, there are concerns about the types of jobs being created and the long-term implications of such job creation on both worker and business risk. The Coronavirus has imputed short-term risks, what about the long-term? Will equity markets recover and will recent changes affect jobs growth?
Dr. Eyler will provide information on recent jobs growth across California to both describe recent changes and forecasts, and to discuss some of those medium to long-term risks to labor markets. How the 2020 presidential elections may affect our economy and job growth to 2023 will be discussed.
The opportunities specific to community colleges and demographic evolution play a part in the California economy as well. Labor market risks do exist and the role of higher education is being both broadened and tested in California every day. Dr. Eyler will provide a comprehensive look at the economy through the lens of jobs as a way of considering the next few years; economic forecast, including the latest effects on the California economy given global shocks in 2020.
3 Takeaways:
- What happened in Q1 and Q2 2020 so far in the markets and why
- An understanding of what is happening in housing markets and why
- Three reasons to be cautious and three to be optimistic for 2020 and 2021 about the economy.
