Saturday , June 15 2024
Breaking News
hiring prospects

State adds job in October

California employers added 40,200 non-agricultural jobs in October, according to data released earlier this month.

Despite that increase, the state’s jobless rate rose to 4.8 percent – up 0.1 percent from September and 0.7 percent year-over-year – the state Employment Development Department reported.

Jobs in the state’s 11 major industries totaled 18,154,900 last month. Private education and health services added the most jobs between September and October (13,200), followed by trade, transportation, and utilities (6,900) and leisure and hospitality (5,100).

Financial activities recorded a month-over-month loss of 300 jobs, the only sector not to post a job gain.

Nine hundred and thirty-one thousand three hundred Californians were out of work in October, an increase of 17,700 from September and up 132,800 from October 2022.

Since April 2020, when the current economic recovery began, California has gained 3,236,900 jobs, with an average monthly gain of 77,069 jobs.

The Inland Empire added 3,700 jobs, a 0.2 percent percent increase in the State Employment Development, the department reported.

Check Also

National Retail Federation predicts solid sales growth

National retail sales bounce back

U.S. retail sales rose sharply in May, increasing both month-over-month and year-over-year, the National Retail …

Leave a Reply

Your email address will not be published. Required fields are marked *