October 23, 2007

California adds jobs, but more then a million people looking for work

The California Employment Development Department reported that the State added 9,300 payroll jobs last month, but over a million people are now looking for work- the highest number in many years. The new jobs were mostly in the information sector which added 7,900, while the hard hit construction sector lost another 5,000 jobs. The state’s unemployment rate stood at 5.6 percent in September, up from 5.5 percent in the previous month and 4.8 percent in September 2006.

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