March 2018 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.3%; Total Employment Gains 2.400
• Labor Force Participation Rate Level Dips to 62.2%
• State Employment Growth Rankings
• Nonfarm Jobs Down 7,200
• 4 Industries below 2007 Pre-Recession Job Levels
• Job Gains by Wage Level
• Two-Tier Economy Persists—Central Valley Unemployment More Than Three Times as High as Bay Area
• Bay Area Provided 39% of Net Employment Growth Since Recession
• 8 California MSAs in the 10 Worst Unemployment Rates Nationally