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SD to Grow Slowly; Jobs Still a Problem


Thursday, December 15, 2011

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Cunningham sees 21,000 jobs gained next year. Combined with 36,000 in 2010 and this year, San Diego County should recover slightly more than half the 102,400 jobs lost between 2007 and 2009. Adjusted for inflation, taxable sales should rise 1.4% next year while taxable sales per capita only go up 0.7%. The middle class will continue to evanesce, albeit slowly: "Middle-skilled jobs that once formed the broad base of the middle class are disappearing," says Cunningham.