California will not see single-digit unemployment until 2013, according to a report by UCLA's Anderson Forecast.
The report released Tuesday said the state should continue to see slow, steady gains in employment through 2012.
"Faster growth in 2013 and 2014 means a steady decrease in the unemployment rate in California and an increasing trajectory toward single-digit unemployment," the UCLA report said. "We expect California's unemployment rate to be at 7.7%, within 0.6% of the U.S. rate, by the end of the forecast period."
The Anderson forecast expects unemployment growth of 1.9% in 2012, 1.8% in 2013 and 2.5% in 2014. The state's unemployment rate will hover around 10.6% through the rest of the year, according to the economic forecast.
"In 2014, we the expect unemployment rate to drop to 8.3%, a percent higher than our U.S. forecast," the report said.
