05/05/2024

California adds jobs, unemployment falls to 5.2%

California’s job growth continued in May as employers added 15,200 people to their payrolls, according to a state data release.

The state’s unemployment rate ticked down for the fifth month in a row, hitting 5.2%, still higher than the national rate of 4.7%, the Employment Development Department said Friday.

The gain was slight compared with April, when the state added 70,000 jobs, revised upward from an initial estimate of 59,600.

 

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