|
April 27, 2024 |
Are job trends improving? SACRAMENTO – (INT) – New estimates reveal a modest reversal of recent downward job trends in California.
The State Employment Development Department (EDD) found the largest job gains have come in six sectors: health care, government, wholesale trade, administrative services, professional services, and information. The latter three sectors—which experienced losses in 2023—will be closely watched. That could off-set higher unemployment in 8 of the 12 months of last year than was originally estimated. The gap between California’s unemployment rate and the national rate widened slightly in January to 1-point-4 percent, the EDD reported. Story Date: April 26, 2024
|