California should see steady job growth in the third quarter, according to a survey released Monday by Chapman University’s A. Gary Anderson Center for Economic Research in Orange.
Chapman’s employment indicator is 116.2, virtually unchanged from the prior quarter’s 116.6. A value greater than 100 implies positive payroll job growth.
The state’s pace of job growth in the third quarter is expected to be 1.5%,the same growth rate recorded in the second quarter.
National job growth is expected to be 1.6% in the third quarter.
The index is calculated by using data for gross domestic product, exports, construction spending, among other factors.
