A new report says California’s economy is expected to continue its steady recovery and predicts the state unemployment rate will drop nearly two full percentage points by the end of 2016.
In one of the strongest signals of a rebounding economy yet, California’s unemployment rate has dropped to its lowest point in six years.
California’s unemployment rate rose for the second consecutive month in August, to 8.9 percent, even as the state added more than 29,000 jobs, the state Employment Development Department said Friday.
California’s unemployment rate fell to 8.5 percent in June as the state continues to close the gap on the national jobless rate, the state Employment Development Department announced Thursday.
California’s jobless rate dipped to 9.6 percent last month, the lowest in more than four years.
U.S. News and World Report has the list of the 10 worst cities for finding a job, and it doesn’t have good news for California.
Over 2,000 residents gathered around tables at a Los Angeles-area high school gymnasium to vent their frustrations about the lingering recession and call on their elected officials to focus on job creation.
For the first time since 2006, the state saw gains in construction jobs for two straight months, but Gov. Schwarzenegger says far too many Californians remain out of work.