IE Business Daily Business news for the Inland Empire.
Unemployment in California fell to 7.3 percent in September, a drop of one and a half points from one year ago.
The state has added more than 1.4 million jobs since the economic recovery began in February 2010, according to the California Employment Development Department’s monthly jobs report, which was released Friday.
California’s unemployment rate in September 2013 was 8.8 percent.
Non-farm jobs in the state totaled more than 15.5 million last month, down 9,800 jobs compared with August. Year-over-year, 297,000 jobs were added, an increase of nearly two percent, the report stated.
The unemployment numbers come from a U.S. government survey of 5,500 California households, while the number of jobs is based on a survey of 58,000 state businesses.
About 17.3 million Californians held jobs last month, up 84,000 from August and up 359,000 compared with September 2013, the report stated.
Mining and logging, construction, trade, transportation and utilities, information, professional and business services, education and health services, leisure and hospitality and other services – added 308,200 jobs year-over-year.
Manufacturing, financial, and government combined lost 11,200 jobs compared with September 2013, according to the report.
Locally, the unemployment rate for the Riverside-San Bernardino-Ontario market in September was 8.2 percent, down from 8.7 percent in August and well below the 9.9 percent recorded one year ago, according to the department.
