A new study out today from UCLA's Anderson School paints a grim picture of California's economy.
It's been 23 years without job growth for Los Angeles. That's worse than both Detroit and Cleveland between the 1990-2013 periods. That's not looking good for California.
The authors speculate that this has to do with an underprepared workforce, stagnant population growth and a less than welcoming environment for businesses.
Another factor that could result in economic impacts is California's drought. As of right now there hasn't been much of an impact, but if it continues for a long period of time, it could be noticeable. That would be because of cuts in fishing and manufacturing jobs.
Study author Edward Leamer speaks with A Martinez about the report.