"WGA Strike Costs California Economy $3 Billion in First 100 Days, Economist Reveals"

The first 100 days of the Hollywood writers' strike in California has resulted in a $3 billion loss to the state's economy, according to an economist. If the strike continues until October, the economic cost could reach $5 billion. The estimates are based on the 2007 Writers Guild of America strike, which cost the state 37,700 jobs and $2.1 billion. The impact goes beyond the pay for writers and actors, affecting various industries such as catering, prop houses, and dry cleaners. The strike could lead to an exodus of low-wage earners and has already caused financial hardship for many in the entertainment industry.