October 19, 2018

California’s Unemployment Rate Falls to a New Record Low in September

The Golden State's unemployment rate reaches 4.1 percent, the lowest since 1976.

 

  • California added 13,200 jobs in September, bringing the unemployment rate to 4.1 percent, a new record low since 1976 according to the latest numbers from the state Employment Development Department. With 339,600 jobs added from last September, California has created more than 3 million jobs since the economic recovery started in February 2010.
  • California continues to outpace the nation in job gains, with a 2.0 percent year-over-year increase compared with the national growth rate of 1.7 percent.
  • Though the state’s annual labor-force growth remains subdued, it increased by 34,300 workers from August.

 

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