Recovery a year away

Jobs will continue to drain from Los Angeles County through year's end before the Great Recession finally begins to loosen its grip in 2011, according to an economic forecast released today.Gregory J. Wilcoxs in the Daily News.

The study by the Los Angeles County Economic Development Corp. predicts that payrolls will grow 1 percent next year, adding 40,000 jobs in the county and 145,000 jobs statewide. Until then, however, 2010 will remain a tough time for many employers.

"A lot of gloom is in the air because economic activity is at such low levels," chief economist Jack Kyser wrote in the forecast.