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California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

As recession fears persist, the troubles in major industries have hurt tax revenues, turning the state’s $100 billion surplus into a deficit.

Kurtis Lee
Author: Kurtis Lee

Written by

Kurtis Lee

in

Budgets and Budgeting, California, Economic Conditions and Trends, Labor and Jobs, Layoffs and Job Reductions, Newsom, Gavin, Recession and Depression, United States Economy
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