08/04/2021

Jobless Rate Plunges in Sacramento and California

The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce.

Their concerns included job gains attributed to a large number of self-employed people, gains in comparatively low-paying hotel and restaurant jobs and an unknown number of jobless, including college graduates, who are no longer counted because they have stopped searching for employment.

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