Tuesday, 23 October 2018
Latest news
Main » California employers added jobs in October, and unemployment rate fell

California employers added jobs in October, and unemployment rate fell

18 November 2017

The jobless rate in San Diego County hit one its lowest points of the year in October but yearly job growth continued to slow, said state labor statistics released Friday. The labor force grew by 12,000 to almost 5.18 million, but the number of L.A. County residents working grew even faster, by 18,000 to 4.93 million, according to figures from the California Employment Development Department.

California's unemployment rate fell slightly to 4.9 percent in October as employers added almost 32,000 jobs, according to state figures released today.

Charleston County had the state's lowest rate at 3.1 percent.

About 500 jobs were added from September, which had an unemployment rate of 3.9 percent, according to Weaver. The region lost 83,100 jobs year-over-year in September 2009. "This is money that businesses can and have used to reinvest in SC workers".

In October, the leisure and hospitality sector and the educational and health services sector saw the largest gains, adding 15,300 and 8,500 jobs, respectively.

Adjusting for these seasonal factors, the state reported that the number of payroll jobs in L.A. County remained essentially unchanged at 4.46 million.

The seasonally unadjusted unemployment rate in California was 4.3 percent last month, while the national rate was 3.9 percent.

In Los Angeles County, payrolls grew by 300 net jobs in October.