California?s unemployment rate falls to record low
By Kathleen Pender | January 19, 2018
Thanks to stronger-than-expected job growth, California?s unemployment
rate dropped to 4.3 percent in December, a record low since 1976 when
the state started tracking data consistently.
That represents a significant drop from 4.6 percent in November and 5.2
percent in December last year, the Employment Development Department
said in a press release. The U.S. rate in December was 4.1 percent.
(These rates are seasonally adjusted.)
California added 52,700 nonfarm payroll jobs in December alone, a
surprisingly strong number that accounted for more than one-third of the
148,000 jobs created nationally in December, said Scott Anderson, chief
economist with Bank of the West.
52,700 non-farm payroll jobs in ONE MONTH! Yet, Wieber continues to
scrounge, all the while pissing and moaning about the "real" - that is,
fake and imaginary - unemployment rate, and lie about the "Democrat"
[sic] destruction of the economy.
What a fucking chump!
- posted 4 years ago