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Unemployment continues downward trend

State job market posts a modest gain

California’s labor market added 23,100 non-agricultural workers in August, according to data released today.

The state’s unemployment rate last month was 4.6 percent, unchanged for the third consecutive month, the state Employment Development Department reported.

“It was a bit of a mixed bag during August, with the largest regions in California both gaining and shedding jobs,” said Taner Osman, research manager at Beacon Economics in Los Angeles, in a statement.  “However, following a couple of slower months, employment gains did pick up, which sets the state up nicely as we enter a seasonally strong part of the year.”

California’s unemployment rate was higher than the most recent national rate, which was 3.8 percent.

California’s labor force has fallen by 197,500 workers, a one percent drop, since February 2020, the EDD reported.

The Inland Empire added 2,400 jobs between July and August, an increase of 0.1 percent, according to the EDD.

 

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