California Unemployment Holds Steady At Dismal 8.1%
[BREITBART] In March, according to the Los Angeles Times, the rate was 8.1%. In February, it was exactly the same. The Bureau of Labor Statistics reported that the state only added 11,800 net new jobs in March, many of them in construction, government, education, and health services. The greatest gains were in professional and business services, with 3,100 new positions.
But the jobs numbers in hospitality, manufacturing, and leisure dipped, and the biggest drop came in financial activities, as the slowing rate of mortgages forced banks to fire employees. The field of finance lost 2,400 jobs.
Posted by: Fred 2014-04-21 |