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SAN DIEGO (KGTV) -- Economic forecasters are beginning to warn of a possible 2020 recession, and the impact they say will be felt in the Golden State, according to a new report by UCLA.“Don’t celebrate the 3.1% GDP growth estimate for the first quarter of 2019,” writes UCLA Anderson Professor Emeritus Edward Leamer. Leamer is quoted in a recent report produced by the UCLA Anderson School of Management. According to Leamer, the data actually increases the risk of a recession at some point in the next couple of years. Nationally, economic growth is expected to slow marginally to 2.1 percent in the fourth quarter of 2019 and 1.4 percent in the fourth quarter of 2020. RELATED: Fed cuts interest rates for the first time since recessionThe good news is that the report predicts an economic rebound, growing again to 2.1 percent in the fourth quarter of 2021. So what picture does the report paint for California? One forecaster says you can expect California unemployment to rise modestly. “Weakness in housing as well as the slowing U.S. economy is reflected in a very modest growth rate in the U.S. in late 2020,” UCLA Anderson Forecast director Jerry Nickelsburg writes. “As a consequence, we expect California’s average unemployment rate to rise slightly to an average of 4.6% in the first quarter of 2021. For the entire year for 2020 and 2021, we expect average unemployment rates of 4.3% and 4.4%, respectively.”Meanwhile, personal income growth in the state of California is forecast at 2.9 percent in 2019. But the report warns that income growth is expected to slow to 1.9 percent by 2020.It’s not all bad news, however, income growth is expected to rise fairly quickly again in 2021, and is forecast to reach 2.1 percent by the end of the year. There's more good news. The Federal Reserve Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help prevent an economic downturn. 1936
SAN DIEGO (KGTV) — Haley Moore went from being bullied to being on a professional sports tour.Friday, Moore celebrated in Rancho Bernardo, becoming one of 45 women qualified for the 2020 LPGA Tour."If you want to be a professional golfer, it takes a lot of hard work, and you just have to be patient out there, you're not always going to have the best days," Moore says.RELATED:Strasburg, Leonard MVP awards mark special San Diego State honorPadres star turns frightening life event into 'Comedy for a Cause'San Diego boxer sets sights on Tokyo 2020 OlympicsAt only 20 years old, Moore broke into the highly competitive tournament by finishing tied 11th in the LPGA Q-Series tournament.While she's in the spotlight now, she says it hasn't always been like this. Moore is vocal about how she was bullied when she was younger."I think it was more of a motivation when I was bullied, at first it was very hard," Moore recalls. "I didn't want to play this game anymore. I was depressed."With support from her family — and golf family — Moore zoned in on her dream and focused past any negativity."Don't let them control your life, with me, just putting it aside and focusing on what my main goal was to get on the pro tour, really, helped me, motivated me from it," Moore said.That focus rewarded with the title of "pro golfer" now in front of her name."It was a dream come true for me, I'm just happy with the way it all ended, excited for the new journey and everything," Moore says. 1489
SAN DIEGO (KGTV) -- Employees at a Little Caesars franchise location in Logan Heights say their paychecks are bouncing and management is not responding to their concerns. The workers say the problems started in March, and they told 10News they've received paychecks, only to have them bounce a few days later and racking up banking fees every time. The employees 10News spoke to, from the National Avenue location, did not want to be identified. When they spoke out to supervisors, the employees claimed they were told to not to bother upper management. Other times, they said, they were left in the dark with no response. Employees identified the owner as Tony Bith, saying he owns at least a dozen Little Caesars locations throughout San Diego County. The one in Barrio Logan on Main Street is also closed; the National City Location on Plaza Boulevard is still open. 10News tried to reach Bith by phone but did not hear back as of the publication of this story. 10News also attempted to make contact with him at his home address, but could not access him because he lives in a gated community. 10News reached out to Little Caesars corporate to find out if they were aware of what was going on and they sent the following statement: 1243
SAN DIEGO (KGTV) -- Drove footage captured off the coast of San Diego shows orcas happily making their way through crystal clear water. The footage was captured by Domenic Biagini Photography roughly 20 miles off the coast.Biagini told 10News that the water was perfectly calm and the skies clear, allowing for some incredible footage to be captured.Watch the full video in the player below: 409
SAN DIEGO (KGTV) -- Harbor Police are investigating after a boat caught fire early Sunday morning in the San Diego Bay.The department tweeted around 5 a.m. about the fire at Marina Cortez.According to police, a good Samaritan helped put out the fire before units arrived on scene. The person was taken to the hospital with minor injuries.At this time, the cause of the fire is unknown. 393