The Center for Jobs and the Economy has released our initial analysis of the JanuaryEmployment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca.
Highlights for policy makers:
- Recovery Progress: CA vs. US
- Recovery Progress: CA Jobs by Wage Level
- California Labor Force
- Recovery Progress: CA Employment vs. Other States
- Nonfarm Jobs
- Recovery Progress: CA Nonfarm Jobs vs. Other States
- JOB OPENINGS
- Unemployment Rates by Region
- Employment Recovery by Region
- Counties with Double-Digit Unemployment
- MSAs with the Worst Unemployment Rates
Recovery Progress: CA vs. US
The April data generally showed more positive news than in prior months. Nonfarm jobs (seasonally adjusted) showed a gain of 67,000 in April, with an upward revision to the previous month’s number to 11,900. However, the April results continue the general pattern in the jobs numbers since last July of one month reporting jobs in the 60s followed by two months of sharply lower results. Employment continued the moderate gains seen last month with a gain of 25,200, but the total still remains 203,300 (1.1%) below the pre-pandemic peak in February 2020. Even with the uptick in the last two months, California employment has remained little changed since last June, putting pressure on the state’s ability to expand jobs going forward.
Recovery Progress: CA Jobs by Wage Level
Using the unadjusted series to provide a more detailed look at jobs by industry wage level, recovery across the three wage levels began to converge as gains in the higher wage industries began to level out. Lower wage industries still show the weakest recovery, but showed the strongest gains as seasonal hiring picked up.
California Labor Force
Recovery Progress: CA Employment vs. Other States
Compared to the pre-pandemic peak in February 2020, California’s weak employment recovery again placed it 41st highest among the states and DC.
Recovery Progress: CA Nonfarm Jobs vs. Other States
On a comparative basis, California’s 67,000 jobs gain was the highest among the states and DC. Texas was second at 33,300 and Florida third at 21,200. Compared to the pre-pandemic peak in February 2020, California with real job gains of 365,400 again was third, behind Texas (859,800) and Florida (637,100). On a comparative basis, California’s recovery rate again ranked 21st highest among the states. Fifteen states and DC remained below their pre-pandemic peaks.
Unemployment Rates by Region
Unemployment rates (not seasonally adjusted) compared to pre-pandemic February 2020 are shown below.
Figure Source: California Employment Development Department
Employment Recovery by Region
Los Angeles Region continues to lag the rest of the state in recovery to the pre-pandemic peak employment levels (not seasonally adjusted).
Counties with Double-Digit Unemployment
MSAs with the Worst Unemployment Rates
The number of California MSAs among the 25 regions with the worst unemployment rates in March increased from 11 to 13. Los Angeles-Long Beach-Anaheim MSA dipped to #320 in a tie with 4 other MSAs in other states. San Jose-Sunnyvale-Santa Clara was again the highest ranked California MSA, tied at #174 with 12 other MSAs.