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U.C.L.A.’s Anderson Forecast Predicts Massive State Layoffs

Westwood, CA — A report says massive cuts in the state work force could boost California’s unemployment rate to more than 12 percent and restrain economic growth even after housing markets stabilize. 

From the Associated Press UCLA’s quarterly Anderson Forecast predicts that 60,000 government positions will be eliminated as lawmakers try to reduce the state’s $24.3 billion deficit.