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Higher-wage industries boost hiring in L.A., but income growth lags
Higher-wage industries boost hiring in L.A., but income growth lags

California is “in growth mode from top to bottom,” but the expansion is happening unevenly around the state, a report by Los Angeles research firm Beacon Economics found. Employment in the Los Angeles area is expected to hit its prerecession peak by the middle of next year. The unemployment rate for the Los Angeles-Long Beach-Glendale metropolitan area slid from 10% to 8.1% between the summers of 2013 and 2014 as the number of people unsuccessfully looking for work plunged 18.6% to 399,000, according to the report. High-paying industries are ratcheting up their hiring, the report said. Local employers in the education and healthcare services, professional and business...

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