The Breakdown

Explaining Southern California's economy

CA's employers add 44,300 jobs in November, unemployment rate falls

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California's unemployment rate fell to 8.5%  in November, with employers adding 44,300 jobs, according to figures released Friday by the U.S. Bureau of Labor Statistics

The job gain was the largest month-to-month gain for any state, with Texas (+28,700), and Indiana (+25,200), coming in second and third, respectively.  

California's construction sector added 6,600 jobs in November; manufacturing added 6,000. But the largest job gains last month came in the trade, transportation and utilities sectors, with  32,500 new jobs.   That includes the retail sector, where jobs often increase during the holiday shopping season.  

The Golden State's unemployment rate has now fallen 1.4% in the last twelve months, with a total of 226,200 jobs added.   But the state's unemployment rate is still far above the nationwide rate of 7% 

 

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