Drought saps $2.7 billion from California economy, report says

LA Times: The drought is on track to dry up $2.7 billion in revenue and erase more than 18,600 jobs from the California economy this year, according to a preliminary report. But that blow has been hard to detect because the agriculture sector is just 2% of the overall state economy and because farm employment has grown steadily in the last decade, a panel of experts told the state Board of Food and Agriculture. Despite the drought, in fact, statewide agricultural employment grew by 3,100 jobs last year,......

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