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Greater Number Of People Seek Jobs; Jobless Rate Holds Steady In California

Category: , By News Updater
California is a part of the United States, just like many others, whose job market is improving. California is adding better and higher paying work opportunities in its wealthy coastal areas. However, the construction sectors and government still remain a huge burden on the economy as inland communities and people residing in them are still struggling.

According to the California Employment Development Department, employers added a total number of 4,000 payroll jobs in the last month, which hinted low but continuous improvement in the country’s labor market. However, even though there were gains, the unemployment rate of California didn’t change and stood at a high rate of 10.9 percent as a greater number of workers took out their resumes and searched for employment. The unemployment rate in the state of California is more than the unemployment rate in United States, which is 8.3 percent.

According to an economist Stephen Levy, who works with the Center for the Continuing Study of the California economy, “People are more encouraged to find jobs”. “As people come into the workforce it’s going to take a while to get the unemployment rate down”, added Stephen.

The biggest job gains in the state last month were found in the industrial sector which pays better wages than other sectors. Moreover, the information sector, which comprises of motion pictures and software, added a total of 9,300 positions, which was followed by the manufacturing sector, which reported to have added 6,200 jobs. In the state of California, 6100 jobs were added by educational and health services, whereas 2,800 jobs were added by the professional and business services. The reason for the industrial sector adding more jobs was the fact that they were better paying jobs and the industrial sector targets a wider audience as compared to the business sector or telecom sector.

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