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California employers add 25,200 jobs; unemployment stays at 10.7%

August 17, 2012|By Ricardo Lopez
  • Job seekers line up at a Target job fair Thursday in Los Angeles.
Job seekers line up at a Target job fair Thursday in Los Angeles. (Brian van der Brug/Los Angeles…)

The state's labor market showed continued resilience in July as California employers added 25,200 nonfarm jobs in July, continuing a 12-month streak of job gains. 

With that figure, the state posted the largest month-over-month increase in the country, but the unemployment rate was unchanged at 10.7%, according to the U.S. Bureau of Labor Statistics.

Employers across five industries added jobs, with professional and business services leading the way and creating 15,200 jobs. The education and health services industry added 10,300 jobs, and leisure and hospitality added 6,400 jobs.

Still, California employers shed jobs in other industries such as trade, transportation and utilities, which lost 8,000 jobs. Manufacturing lost 3,100 jobs and construction, 1,200 jobs.

The report also showed that the state's labor force shrunk by almost 53,000 in July as job seekers stopped actively looking for work.

The Bureau of Labor Statistics reported that June's job gains were revised upward. The state added 45,000 jobs that month, instead of 38,300 as initially reported. In the last year, California employers have added 365,100 net jobs.  

Despite the job gains, California still holds the third-highest unemployment rate in the country, behind Nevada, which saw its jobless rate rise to 12% in July, and Rhode Island, at 10.8%.

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ricardo.lopez2@latimes.com

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