August 16, 2013 |
California's economy sent out mixed signals in July: The unemployment rate inched up, but employers still added 38,100 jobs, one of the biggest gains for the state since the recession officially ended in February 2010. The jobless rate ticked up to 8.7% from 8.5% in June, according to data released Friday by the state Employment Development Department. The net gain in jobs, especially in higher-paying industries such as professional and business services, was a positive sign for a state that has steadily added more jobs over the year and outpaced the nation in growth.
March 18, 2013 |
California's jobless rate was unchanged at 9.8% in January for the second straight month, and that lack of improvement put the Golden State in a tie with Rhode Island for the worst unemployment in the U.S. On the other end of the spectrum, North Dakota had the lowest jobless rate, 3.3%, the government said Monday in releasing updated and revised employment data for all 50 states. California will release its county-by-county breakdown of jobs Friday, which economists expect will reflect the slow growth that is predicted in the state for 2013.
January 22, 2013 |
The number of unemployed workers worldwide has boomed by 28 million people in the five years since the global financial crisis began, leaving 197 million people without jobs last year, according to a new report. The numbers show a “crisis in labour markets of both advanced economies and developing economies,” according to new data from the International Labour Organization. In 2012 alone, 4 million people joined the unemployment ranks. The figure will swell by another 5.1 million workers this year to 202 million unemployed job seekers, soaring past the all-time record of 199 million jobless people in 2009.
January 18, 2013 |
California's labor market slowed last month as employers shed 17,500 jobs in December and the unemployment rate remained unchanged. The state's jobless rate, which fell below 10% in November for the first time in nearly four years, stands at 9.8%, according to data released Friday by the U.S. Bureau of Labor Statistics. In addition, job figures for November were revised upward to show a net gain of 6,100 jobs that month. Quiz: How much do you know about California's economy?