December 2017 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.3%; Total Employment Gains 38,600
• Labor Force Participation Rate Eases Down
• State Employment Growth Rankings
• Nonfarm Jobs Up 52,700
• Six Industries below 2007 Pre-Recession Job Levels
• Job Gains by Wage Level
• Two-Tier Economy Persists—Central Valley Unemployment More than Twice as High as Bay Area
• Bay Area Provided 40% of Net Employment Growth Since Recession
• Seven California MSAs in the 10 Worst Unemployment Rates Nationally