IMPORTANT - EIN Presswire is proud to announce the launch of its AI-powered press release generator. Try it now!

There were 1,910 press releases posted in the last 24 hours and 394,399 in the last 365 days.

California Matches Record Low Unemployment Rate


SACRAMENTO – In September, California matched the record low unemployment rate of 3.9% set in July 2022. The state also added jobs for the twelfth consecutive month and has now recovered 99.1% of the jobs lost to the pandemic-induced recession:

  • California’s unemployment rate fell .2% to 3.9% in September, matching the state’s record-low rate and dropping 2.5% from September 2021.

  • The state’s job increase from August 2022 was revised upwards by 16,100 jobs to a 36,000-job increase – this was followed by a 6,500 job increase in September.

  • September was the twelfth consecutive month the state added jobs – Education and Health Services showed the largest month-over gains.

  • California has recovered 99.1% of the 2,758,900 jobs lost during the February 2020 – April 2020 pandemic-induced recession.