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How is California's economy faring compared to the rest of the US?




US President Barack Obama speaks at a Democratic Party fundraising event in San Francisco, California, on November 25, 2013.
US President Barack Obama speaks at a Democratic Party fundraising event in San Francisco, California, on November 25, 2013.
JEWEL SAMAD/AFP/Getty Images

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President Obama is in Los Angeles today, headlining a number of Democratic fundraising events.

He'll make a speech to employees at Dreamworks Animation in Glendale, where he is expected to talk about job creation. Although the employment picture has been improving in California, the state's jobless rate is still higher than the national average. The unemployment rate in Los Angeles remains higher than that for the state as a whole.

Jerry Nickelsburg, senior economist for UCLA's Anderson Forecast, joins the show to give us an better view of the employment picture now and in the coming months.