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The state of California saw a record-low unemployment rate in July, as well as the largest job gain since February, Gov. Gavin Newsom’s office announced on Friday.
According to state numbers, California’s unemployment rate dropped 3.9 percent, a rate that hasn’t been seen since the data series began in 1976. Before the COVID-19 pandemic, California’s unemployment rate was at 4.1 percent.
July also marks the seventh consecutive month that California has seen an employment gain, with the number of employed people increasing by 23,000.
“Californians are getting back to work with record low unemployment,” Newsom said in a statement. “We have historic reserves and we’re putting money back in peoples’ pockets as we continue to lead the nation’s economic recovery.”
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Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
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Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
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