More job loss predicted

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Los Angeles County will lose 168,000 jobs to the recession this year, although the San Fernando Valley will fare better than the region's other communities, according to an economic forecast released today. Gregory J. Wilcox in the Daily News.

The projected losses amount to 4.1 percent of the 3.9 million people who had jobs at the beginning of the year and come atop a 1.3 percent decline - 52,800 jobs - reported in 2008, said the updated report from the Los Angeles County Economic Development Corp.

The organization's original forecast, issued in February, predicted a job-loss rate 2.2 percent this year, with a .9 percent decline in 2010.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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