California drought could cost billions, leave thousands unemployed

Researchers said California's drought could cost the state's agricultural economy by nearly $2 billion this year.

More than 14,000 farm workers could be unemployed , according to a study by UC Davis Center for Watershed Sciences.

Researchers took a look at the drought's impact on the Central Valley by using computer models and recent water delivery figures.

FULL REPORT: Preliminary 2014 Drought Economic Impact Estimates in Central Valley Agriculture

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