This is not how economists hoped California would end the year.
Adibi: "It's a little bit more than a cold. It's probably a flu."
Chapman University economist Esmael Adibi says the fiscal cliff uncertainty in Washington likely gave employers pause last month, as did a holiday shopping season that fell below expectations. And looking ahead, Adibi warns, the social security payroll tax increase and continued lack of a debt and deficit deal mean things might not improve soon.
Adibi: "Job creation is going to be very anemic. I mean, it's gonna be still positive, but it's not gonna pick up steam until we remove that uncertainty."
So, look for job growth in 2013 to be a lot like 2012 - two steps forward, one step back.