April 2018 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.3%; Total Employment Loses 8,800
• Labor Force Participation Rate Level Dips to 62.1%
• State Employment Growth Rankings—California Slips to #2
• Nonfarm Jobs Up 39,300
• Four Industries Below 2007 Pre-Recession Job Levels
• Job Gains by Wage Level
• Two-Tier Economy Persists—Central Valley Unemployment Three Times as High as Bay Area
• Bay Area Provided 39.5% of Net Employment Growth Since Recession
• Eight California MSAs in the 10 Worst Unemployment Rates Nationally