November 2018 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.1%; Total Employment Up 73,200
• Labor Force Participation Rate Level Up to 62.3%
• State Employment Growth Rankings—California 4th Highest
• Nonfarm Jobs Up 36,400
• 4 Industries Still below 2007 Pre-Recession Job Levels
• Job Gains by Wage Level
• Two-Tier Economy Persists—Central Valley Unemployment More than Twice as High as Bay Area
• Bay Area Provided 37.6% of Net Employment Growth Since Recession
• 8 California MSAs in the 10 Worst Unemployment Rates Nationally