IE Business Daily Business news for the Inland Empire.
California’s unemployment rate stayed at 4.1 percent in October, a record low, according to data.
State employers added 36,400 non-agricultural jobs last month, bringing California’s job creation total to more than three million since the economic recovery began nearly nine years ago, the state Employment Development Department reported.
Year-over-year, California’s unemployment rate fell 0.4 percent.
Seven of the state’s industrial sectors posted job gains last month, with professional and business services posting the largest gain – 19,100 jobs.
Trade, transportation and utilities lost 3,100 jobs, the biggest decline of any sector compared with October 2017.
In the Inland Empire, Riverside and San Bernardino counties recorded unemployment rates of 4.4 percent and 3.9 percent, respectively, according to the data.
