California and Sacramento’s unemployment rates fell last month to their lowest levels since 2007, suggesting the state’s economy is continuing to improve despite signs of a global slowdown.
Statewide unemployment fell by two-tenths of a point, to 5.5 percent, the Employment Development Department reported Friday. Employers added 39,900 jobs during February. It’s the lowest California unemployment rate since August 2007.
Sacramento’s regional unemployment rate dropped a tenth of a point, to 5.4 percent, the lowest since October 2007.
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