Federal officials released three major economic reports this month and together, they paint a dark picture of California.
Superficially, the monthly employment report from the Bureau of Labor Statistics (BLS) was good news.
California added 36,300 jobs in August, 470,000 in one year and more than 2 million since the recovery began. The unemployment rate, which had topped 12 percent during the recession, dropped to 6.1 percent in August.
Meanwhile, the Census Bureau reported that California’s official poverty rate for 2014 was 16.3 percent, somewhat higher than the national rate of 14.7 percent.
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