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California Unemployment Rate Rises to 4.2%, Employers Add 25K Jobs
California’s unemployment rate increased to 4.2% in December, while the state’s employers added 24,500 nonfarm payroll jobs, according to the California Employment Development Department (EDD) from two surveys. California has now gained a total of 3,097,600 jobs since the economic expansion began in February 2010.
In December 2017, the state’s unemployment rate was 4.5%. The year-over change from December 2017 to December 2018 shows an increase of 284,300 jobs (up 1.7%). The number of unemployed Californians stood at 813,900 in December, an increase of 7,300 over the month and down by 52,500 compared with December of last year.
Nine of California’s eleven industry sectors added a total of 26,100 jobs in December. Leisure and hospitality reported the largest increase with a gain of 9,500 jobs, followed by educational and health services which gained 7,900 jobs. Two of California industries reported job losses over the month. Construction reported the largest decrease with a loss of 1,300 jobs, followed by other services which lost 300 jobs.
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- ◦Economy
