IE Business Daily Business news for the Inland Empire.
California’s labor market added a modest 11,600 non-agricultural jobs in June, according to data released today.
That number was in contrast to the revised 38,200 non-farm employees that were added to the labor force last month, the state Employment Development Department reported.
California’s unemployment rate was 4.6 percent in June, essentially unchanged from the previous month.
“Job growth has slowed in the state over the past couple of months,” said Taner Osman, research manager at Beacon Economics in Los Angeles, in a statement. “This month’s job losses in Los Angeles are also noteworthy, following the strikes that are occurring in the entertainment industry.
“As the largest labor market in the state, the strikes, which primarily affect the Los Angeles area, could act as a drag on state employment in the coming months.”
Six of the state’s industry sectors added jobs in June. Leisure/Hospitality [+6,800] added the most, while trade, transportation, and utilities (-7,600) posted the largest month-over-loss.
The Inland Empire recorded an unadjusted five percent unemployment rate in June, up from a revised 4.4 percent in May and well above the 4.1 percent projected one year ago.
Construction gained the most jobs month-over-month, adding 700 positions, while Leisure/Hospitality declined the most, losing 1,600 jobs, according to the EDD.
