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California unemployment rate drops to 10.2% in September

October 19, 2012|By Marc Lifsher
  • People look for jobs at the Los Angeles World Airports booth during a job fair at Los Angeles City College.
People look for jobs at the Los Angeles World Airports booth during a job… (Anne Cusack / Los Angeles…)

SACRAMENTO -- California's unemployment rate fell to 10.2% in September from 10.6% in August, but just 8,500 net new jobs were created, according to the U.S. Department of Labor.

The national unemployment rate in September was 7.8%, its lowest level in 3 1/2 years.

But  the Golden State's unemployment fell significantly from August a year ago when the rate was 11.7%. A total of 262,000 net new jobs were posted for the past 12 months, according to a survey of businesses.

California had the third-highest unemployment rate in the nation in September at 10.2%, behind Nevada at 11.8% and Rhode Island at 10.5%.

ALSO:

Initial jobless claims jump

California jobless rate falls to 10.6%

Inland Empire's economy will brighten slowly

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