PRESS RELEASE
UCLA Anderson Forecast: FED Expected to “Normalize” Interest Rates While Job Growth and Wage Increases Drive Consumption and Push Real GDP Growth Past 3.0%
California Forecast Expects Steady Gains In Employment Through 2017
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EMPLOYMENT FORECAST
Office-Using Employment Growth Across Cities, 2000 to 2015
In this report, we will discuss the growth of office using employment across metropolitan areas in the U.S. from 2000 to 2015. Office-using employment includes three major sectors: (1) information, (2) financial activities, and (3) professional and business services.
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FORECAST BLOG SERIES
Industrialize Your Job Now
UCLA Anderson Distinguished Professor of Decisions, Operations, and Technology Management Uday Karmarkar addressed the December edition of the UCLA Anderson Forecast conference, self-referencing as a humble “tourist” among the gathered economists and followers of the forecast. Forecast Director Edward Leamer introduced him following a discussion of robotics and other forms of automation in the traditional workplace, but said of Karmarkar, “He doesn’t have to worry about robots taking his job anytime soon.”
Forecast: Fed Expected to “Normalize” Interest Rates While Job Growth and Wage Increases Drive Consumption
UCLA Anderson Forecast’s fourth 2015 quarterly economic report for the United States says the Federal Reserve will start to normalize interest rates as its prolonged “zero interest rate” policy reaches its end, with the most recent financial crisis long over and the unemployment rate indicating near full employment. In California, the there is no indication of any slowdowns or declines in the continuing growth of both employment and income in California and, in fact, the employment sector will grow throughout the forecast period.



Software, Robots and What Kind of People? The Evolving Personal Requirements of the Traditional Office
Watch Video

Distinguished Professor in Decisions, Operations, and Technology Management, UCLA Anderson School;
L.A. Times Chair in Technology and Strategy;
Founder and Director, UCLA Anderson Business and Information Technologies Project (BIT)
Wednesday, December 2, 2015 | 8:00 - 11:45 a.m.

Price: $195 | Seating is limited. Online registration closes 11:59 p.m. on 11/30/2015
8:00 - 8:50a | Registration |
8:50 - 9:45a | UCLA Anderson Forecast for the Nation and State |
9:45 - 10:00a | Office Using Equipment in Los Angeles |
10:00 - 10:15a | Structural Change and the Past Three Recessions |
10:15 - 10:30a | Break |
10:30 - 11:00a | The Industrialization of Services |
11:00 - 11:45a | Panel: Software, Robots and What kind of people? The Evolving Personal Requirements of the Traditional Office |
11:45a | Wrap-up and Closing |
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Will the Fed raise interest rates in December? |
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Was the anemic real GDP growth rate of 1.5% the result of a short inventory cycle or did it signal a real slowdown? |
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Is housing still on track to record 1.4 million starts in 2016? |
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How have office-using jobs change across cities since 2000? |
Edward Leamer, Director, UCLA Anderson Forecast
David Shulman, Senior Economist, UCLA Anderson Forecast
Jerry Nickelsburg, Senior Economist, UCLA Anderson Forecast
William Yu, Economist, UCLA Anderson Forecast
David Osias, Managing Partner, Allen Matkins
James Peters, Vice President, New Market Initiatives, Legalzoom and Global Advisory Board Member of Laws Without Walls
Corinne Bendersky, UCLA Anderson School
Karl Brier, Executive Director and Division Manager, Los Angeles Middle Market, J.P. Morgan Chase
Elizabeth Brink, Senior Associate Strategist, Gensler