California Labor Market Keeps Adding Jobs
California’s labor market just keeps adding jobs. More from KVCR's Ken Vincent.
Capital Public Radio’s Ben Adler says new data out today (FRIDAY) show a gain of more than 46-thousand last month.
“More than a quarter of those new jobs came in the construction industry. The education, health and white collar professional sectors also posted strong growth. Still, the unemployment rate didn’t budge in June, sticking at 4-point-2 percent. And for the third straight month, 50-thousand Californians left the labor force — in other words, they stopped looking for work. Texas and Florida are adding jobs at faster rates than California, and the state’s year-over-year growth of 1-point-7 percent lands it in the middle of the pack nationwide.” (0:28)
Jobless rates around the state vary widely. Imperial and Colusa counties are the only two in double digits … at 18 and 10 percent, respectively. Marin, San Francisco and San Mateo counties have the lowest unemployment rates — all below 2-and-a-half percent.