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May 19, 2025 |
Where is California’s labor market headed? ![]() SACRAMENTO – (INT) - Since January, California has lost 33-thousand jobs. The State Department of Employment (EDD) has found that hiring by California’s employers has been slowing for some time.
The unemployment rate in California has ticked up since the middle of 2022, moreso than in the US. Today, about one million Californians are unemployed and looking for work. In the Inland Empire, the number was nearly 113-thousand in March. The local jobless rate was holding steady at 5 percent. Since September 2022, California employers have added 194,000 jobs. However, some sectors have struggled. Businesses in the information sector and the professional and scientific services sector—home to many tech firms and the movie/video industry—have shed jobs. Story Date: May 2, 2025
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