12:40 p.m.
Tuesday, 20 March 2018

California’ s unemployment rate decreased

California’s unemployment rate decreased to 9.4 percent in March, and nonfarm payroll jobs increased by 25,500 during the month fora total gain of 746,800 jobs since the recovery began in February 2010, according to data released today by the California Employment Development Department (EDD) from two separate surveys.

The U.S. unemployment rate also decreased in March to 7.6 percent.

In February, the state’s unemployment rate was 9.6 percent, and in March 2012, the unemployment rate was 10.7 percent. The unemployment rate is derived from a federal survey of 5,500 California households.

Nonfarm jobs in California totaled 14,592,100 in March, an increase of 25,500 jobs over the month, according to a survey of businesses that is larger and less variable statistically. The survey of 42,000 California businesses measures jobs in the economy. The year-over-year change (March 2012 to March 2013) shows an increase of 285,900 jobs (up 2.0 percent)


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