October 2018 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.1%; Total Employment Up 54,600
• Labor Force Participation Rate Level at 62.1%
• State Employment Growth Rankings—California 4th Highest
• Nonfarm Jobs Up 36,400
• Four 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 37.9% of Net Employment Growth Since Recession
• Six California MSAs in the 10 Worst Unemployment Rates Nationally