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The State of California added 29,200 private sector jobs during the month of February

Economic Report of the President and Annual Reprot of the Council of Economic Advisors.

The Employment Development Department said Friday the statewide unemployment rate dropped two-tenths of a percentage point. However, non-farm payroll jobs, considered one of the key barometers of economic health, declined by 1,500 compared with December.

The report finds that many new jobs in California are in low-wage industries, and the post-recession period favored low-wage job growth over middle-wage and high-wage job growth throughout the state by a wide margin. However, when compared with the rest of the nation, the trend of low-wage job creation is not unique to California.

While L.A.’s jobless rate dipped to 5.8 percent in January, employers in the county shed almost 88,000 jobs from their payrolls, marking an especially dismal start to the year, according to state figures released Friday.

The Distressed Communities Index (DCI) is a customized dataset created by EIG examining economic distress throughout the country and made up of interactive maps, infographics, and a report. It captures data from more than 25,000 zip codes (those with populations over 500 people). In all, it covers 99 percent — 312 million — of Americans.

The fact is that diverting containers from the Ports of Los Angeles and Long Beach would add immeasurably to the CO2emissions from steamships carrying imported goods for American consumers and industry.

New orders for durable goods—manufactured products designed to last at least three years—rose in January following their worst annual performance since the recession. That improvement, alongside a pickup in a key gauge of business investment, could signal the sector may be preparing to turn a corner.

When we reflect on the remarkable revival and development that’s occurred in such places as Downtown Los Angeles, Hollywood and Venice in recent years, we seldom think of this: Dramatically lower crime rates made that gentrification possible.

Only four states have black unemployment rates that are now lower than the national average for black workers: Texas, New York, New Jersey and Tennessee. Those states also had rates that were lower than the national average for black workers before the recession hit.

Preliminary General Fund agency cash for January was $148 million below the 2016-17 Governor’s Budget forecast of $13.178 billion.  Year-to-date revenues are $193 million below the forecasted $65.48 billion.

Although 1 percent of adults earned income from the Online Platform Economy in a given month, more than 4 percent participated over the three-year period.

The share of Americans earning income from digital platforms such as Uber and Airbnb is growing rapidly, but those gigs typically supplement incomes rather than replace full-time work.

You would think the number of apprenticeships in the U.S. would have recovered since the recession.

Employers in Los Angeles and the rest of California will keep hiring in the next two years but at a slightly slower pace than in 2015, a new report said.