Recent projections by economists indicate that the job growth currently enjoyed in Southern California will slow dramatically in the coming years. This is problematic for employees, who are already at a disadvantage in negotiating the employment relationship. Employers, who traditionally hold a stronger bargaining position, are further strengthened in a job market which favors employers. Nonetheless, employees still have workplace rights which must be protected. Learn more about how a Southern California employment lawyer can protect employees’ rights in a tough job market.
The Job Projections
The Orange County Register reports that economists from California State University at Fullerton have recently released projections for job growth across Southern California during the next three years. While 2016 saw an expansion of 2.6 percent in payroll jobs, 2017 is projected to see only 1.6 percent, and 2018 growth is estimated at 1.7 percent. 2019 payroll jobs are estimated to grow at only 1.9 percent. While these percentages may seem small, they represent thousands of jobs, and thousands of families which depend on the income from those jobs. The economists found no obvious trigger for the current drop in employment.