July 2017 Job Report
Highlights for policy makers:
• Unemployment Rate Rises to 4.8%; Total Employment Drops 24,900
• Labor Force Participation Rate Remains at Lowest Level Since 1976
• State Employment Growth Rankings—California Drops to 5th Place
• Nonfarm Jobs Up 82,600
• 6 Industries 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 44% of Net Employment Growth Since Recession
• 8 California MSAs in the 10 Worst Unemployment Rates Nationally