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Chapman University's leading employment indicator index fell for the 10th consecutive quarter. That points to a worsening jobs picture over the next six months. The index is now at 83.5, a sharp drop from the last survey and the lowest level since the first quarter of 1992. Anything below 100 means higher jobs losses. (Business Journal, OC Register)
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.