David M. Smith Comments on the California Job Market in the Los Angeles Times
“Employers may have scaled back their new hire ambitions to focus on keeping the workers they have,” said David M. Smith, PhD, professor of economics at the Pepperdine Graziadio Business School, in the Los Angeles Times. In a story centered on September unemployment figures released by the California Employment Development Department, Dr. Smith weighed in on the state’s employment situation for those seeking employment and the desperate desire for employers to keep their best workers. “Increasing wages and incentives are also generating churn among the employed who are voluntarily leaving their jobs” said Dr. Smith.
The full story is available in The Los Angeles Times.