California Economy
California labor market stumbles in April; state loses 4,200 jobs
California’s jobs engine sputtered in April as employers trimmed their payrolls, breaking a streak of eight consecutive months of employment growth. Employers shed 4,200 jobs, according to figures released Friday from the state's Employment Development Department. The unemployment rate dipped last month to 10.9% from 11% in March, but only because discouraged workers departed the labor force.
Read More at the LA Times...
California’s jobs engine sputtered in April as employers trimmed their payrolls, breaking a streak of eight consecutive months of employment growth. Employers shed 4,200 jobs, according to figures released Friday from the state's Employment Development Department. The unemployment rate dipped last month to 10.9% from 11% in March, but only because discouraged workers departed the labor force.
Read More at the LA Times...
