Highlights for policy makers:
COVID-19 and the State Economy
CaliFormer Businesses: Update
Employment 948k Below Recovery
Labor Force Participation Rate
Nonfarm Jobs: 886k Below Recovery
Jobs Change by Industry
Employment Recovery by Region
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
MSAs with the Worst Unemployment Rates
The Center for Jobs and the Economy has released our initial analysis of the October Employment Report from the California Employment Development Department. While the October job and employment numbers were again positive, California’s recovery progress continued to lag behind the rest of the country. The stronger non-farm jobs numbers reported in October, however, reflect […]
Initial claims rose 11.7% in California for the week of November 13 while dropping 12.2% in the rest of the country.
Initial claims eased 4.3% for the week ending November 6 in California, while rising 8.4% in the rest of the US largely due to increased claims in states with substantial vehicle manufacturing as that industry has cut production due to the current supply chain blockages.
Download Report In August, California’s rising energy costs again broke new barriers as the average residential electricity rate (12-month moving average) surged to the highest among the contiguous states. California’s residential price currently is on course to surpass high-cost Alaska as well. While California leaders often lay claim to the state leading in a number […]
The July trade figures in general continue to show a degree of recovery when compared to the 2019 pre-pandemic levels, but only regaining ground rather than moving forward. On an annualized basis, import flows were up 3.1% annually from 2019 in nominal terms, and export flows up 3.3%. In real terms, both were essentially unchanged.
Initial claims within California rose 4.2% during the week of October 30, while claims in the rest of the country continued their longer-term decline, dropping 5.1%.
Highlights for policy makers:
COVID-19 and the State Economy
CaliFormer Businesses: Update
Employment 993k Below Recovery
Labor Force Participation Rate
Nonfarm Jobs: 991k Below Recovery
Jobs Change by Industry
Employment Recovery by Region
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
MSAs with the Worst Unemployment Rates
Initial claims within California dropped 10.8% during the week of October 23, while claims in the rest of the country eased 2.1%.
The Center for Jobs and the Economy has released our initial analysis of the September Employment Report from the California Employment Development Department. While the September job and employment numbers were again positive, they indicate a slowing in the recovery, keeping California’s performance behind much of the rest of the country. Viewed by state, California […]
Initial claims within California soared 27.8% during the week of October 16, while claims in the rest of the country plunged 19.3%.
Initial claims within California rose 5.0% during the week of October 9, while claims in the rest of the country rose 6.5%. The seasonally adjusted number of claims dropped 10.9% for the US.
Initial claims within California dropped 13.4% during the week of October 2, while claims in the rest of the country fell 14.0%. In all, California contained 26.3% of all initial claims filed during the week. PUA initial claims—which are still being processed for claims covering the previously eligible period—rose to 12,826.
Download Report Below are the monthly updates from the most current September 2021 fuel price data (GasBuddy.com) and July 2021 electricity and natural gas price data (US Energy Information Administration). The sustained escalation in both energy prices and average monthly costs reinforces a reminder that rising costs of living and rising costs of doing business […]
The July trade figures in general continue to show a degree of recovery when compared to the 2019 pre-pandemic levels, but only regaining ground rather than moving forward. On an annualized basis, import flows were up 3.1% annually from 2019 in nominal terms, and export flows up 3.3%. In real terms, both were essentially unchanged.