Los Angeles Economy Sees Small Improvements

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2012 began with good economic news at the national level. The U.S. unemployment rate dropped two tenths of a percent to 8.3 percent in January. Nearly 250,000 jobs were added. But what about in Los Angeles? Economist Robert Kleinhenz discusses areas where L.A.'s economy is growing -- healthcare, retail, private education, and leisure -- and an area where growth is still elusive -- new construction.

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