Economist predicts slow recovery
NORWALK - Cerritos College hosted nearly 300 industry professionals and college staff at the 13th annual Advisory Committee Members' Recognition Breakfast on April 14.Dr. Nancy Dayton Sidhu, chief economist of the Kyser Center for Economic Research of the Los Angeles County Economic Development Corporation, served as keynote speaker. Sidhu is responsible for interpreting and forecasting economic trends in the Los Angeles region and for analyzing the major industries of the region. Using this information, she helps develop job retention and creation strategies for Los Angeles County. Sidhu said the economy in Los Angeles is beginning to recover, and international trade, tourism and entertainment are leading the way. The 12% unemployment rate is "somewhat declining," she said, before predicting a slow recovery for the county and "gateway" region. "It is the role of community colleges to train (a workforce) and to facilitate so much of the hiring that takes place amongst the companies in Los Angeles County," Sidhu said.
********** Published: May 5, 2011 - Volume 10 - Issue 3