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Sluggish Growth Forecast for San Diego in 2012

Daily Business Report - Dec. 15, 2011

Manny Cruz, SDMETRO

Thursday, December 15, 2011

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San Diego will continue to see challenges in the kinds of jobs being created and the wages that San Diegans receive, the institute said. Most jobs being created are relatively low-skilled (and low-paid) that cannot be replaced either by machines or easily sent overseas — such as home nursing and landscape gardening. Jobs are also being created for the highly skilled, notably in science, engineering and management. This is particularly true for high-cost areas of California, such as San Diego, where job growth prospects are also limited by the state’s onerous taxes and draconian regulatory environment.