California economy sees signs of rebound

Job growth and improved housing market signal upturn after five years of economic decline.

    After five years of economic decline, the US state of California is apparently showing signs of an upturn with job growth and an improved housing market.

    Statewide employment dropped 1.4 per cent since last year and is now at its lowest level since 2009. Home sales are also increasing, signalling a rise in consumer spending.

    California's budget deficit is also projected to shrink to $1.9b this year, compared to shortfalls of $25bn in recent years. 

    Al Jazeera's Rob Reynolds reports from Los Angeles. 

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Women under ISIL: The wives

    Women under ISIL: The wives

    Women married to ISIL fighters share accounts of being made to watch executions and strap explosives to other women.

    Diplomats for sale: How an ambassadorship was bought and lost

    Diplomats for sale: How an ambassadorship was bought and lost

    The story of Ali Reza Monfared, the Iranian who tried to buy diplomatic immunity after embezzling millions of dollars.

    Crisis of Aboriginal women in prison in Australia

    Crisis of Aboriginal women in prison in Australia

    Aboriginal women are the largest cohort of prisoners in Australia, despite making up only 2 percent of the population.