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Economic Update <br />Longest economic expansion continues; recession <br />timeframe unknown <br />National unemployment rate in December 2019 was 3.5 <br />percent, the lowest since December 1969 <br />California's economic growth is the strongest in the <br />nation and the fifth largest in the world <br />The regional economy is very robust <br />Unemployment rate is 1.8 percent <br />Median household income is $125,987 <br />M�� <br />Redwood <br />City <br />