Reports

Highlights for policy makers:

COVID-19 and the State Economy: Most Recent Data
COVID-19 and the State Economy: Early Indicators
Recovery and Employment
Unemployment Rises to 5.3%; Employment Drops by 512,600
Labor Force Participation Rate Down at 61.8%
Employment Growth Ranking
Nonfarm Jobs Down 89,200
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region (not seasonally adjusted)
Unemployment Rates by Legislative District (not seasonally adjusted)
Employment Growth by Region
MSAs with the Worst Unemployment Rates

Below are the monthly updates from the most current March 2020 fuel price data (GasBuddy.com) and January 2020 electricity and natural gas price data (US Energy Information Agency). As with most other recent economic data releases, these numbers do not yet fully reflect the current economic conditions as they have been affected by emergency measures […]

Highlights for policy makers:

COVID-19 and the State Economy
Unemployment Unchanged at 3.9%; Employment Up Only 500
Labor Force Participation Rate Level at 62.6%
Employment Growth Ranking
Nonfarm Jobs Up 29,000 for Month; California Dips to #3 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region (not seasonally adjusted)
Unemployment Rates by Legislative District (not seasonally adjusted)
Employment Growth by Region
MSAs with the Worst Unemployment Rates

Highlights for policy makers:

Last Economic Snapshot Prior to Effects of COVID-19; Preliminary Assessment of Sectors Most Affected By Ongoing Crisis

Unemployment Unchanged at 3.9%; Employment Up 27,500
Labor Force Participation Rate Level Up to 62.6%
Employment Growth Ranking
Nonfarm Jobs Up 21,400 for Month; California Remains at #2 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region (not seasonally adjusted)
MSAs with the Worst Unemployment Rates

The latest new vehicle sales data from California New Car Dealers Association indicates that sales are still projected to be under 2 million units for the year, slipping below sales in the prior four years but still well above historical levels.  While slowing, this indicator reflects the level of overall consumer confidence and continuing strength of the recovery.  New vehicle sales are also a critical indicator of state and local revenues, with Motor Vehicle and Parts Dealers (NAICS 441) producing 13% of total taxable sales in the most recent data for the first quarter in 2018.

Below are the monthly updates from the most current January 2020 fuel price data (GasBuddy.com) and November 2019 electricity and natural gas price data (US Energy Information Agency). To view additional data and analysis related to the California economy visit our website at www.centerforjobs.org/ca.

Highlights for policy makers:

Unemployment Unchanged at 3.9%; Employment Up 56,300
Labor Force Participation Rate Level Up to 62.4%
Employment Growth Ranking
Nonfarm Jobs Up 12,600 for Month; California Remains at #2 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region (not seasonally adjusted)
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: End of Year Review

Highlights for policy makers:

Unemployment Unchanged at 3.9%; Employment Up 53,700
Labor Force Participation Rate Level Up to 62.2%
Employment Growth Ranking
Nonfarm Jobs Up 28,400 for Month; California Dips to #2 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region (not seasonally adjusted)
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: County GDP

The latest new vehicle sales data from California New Car Dealers Association indicates that sales are still projected to be under 2 million units for the year, slipping below sales in the prior four years but still well above historical levels.  While slowing, this indicator reflects the level of overall consumer confidence and continuing strength of the recovery.  New vehicle sales are also a critical indicator of state and local revenues, with Motor Vehicle and Parts Dealers (NAICS 441) producing 13% of total taxable sales in the most recent data for the first quarter in 2018.

Highlights for policy makers:

Unemployment Dips to Record Low of 3.9%; Employment Up 50,000
Labor Force Participation Rate Level at 62.1%
Employment Growth Ranking—California Drops Back to 50th Highest
Nonfarm Jobs Up 21,300 for Month; California Remains Ranked #1 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: Disparate Pattern of the Economic Recovery in California

Highlights for policy makers:

Unemployment Dips to Record Low of 4.0%; Employment Up 38,000
Labor Force Participation Rate Level at 62.0%
Employment Growth Ranking—California Ranked 50th
Nonfarm Jobs Up 21,300 for Month; California Remains Ranked #1 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: State Level JOLTS Data

Highlights for policy makers:

Unemployment Unchanged at 4.1%; Employment Up 5,400 for the Month but Down 34,500 for the Year
Labor Force Participation Rate Level at 62.0%
Employment Growth Ranking—California Plummets to 50th
Nonfarm Jobs Up 34,500 for Month; California Regains #1 Rank for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: Jobs & Wage Growth by Region

The latest new vehicle sales data from California New Car Dealers Association indicates that sales are still projected to be under 2 million units for the year, slipping below sales in the prior four years but still well above historical levels.  While slowing, this indicator reflects the level of overall consumer confidence and continuing strength of the recovery.  New vehicle sales are also a critical indicator of state and local revenues, with Motor Vehicle and Parts Dealers (NAICS 441) producing 13% of total taxable sales in the most recent data for the first quarter in 2018.

Highlights for policy makers:

Unemployment Dips to 4.1%; Employment Down 24,600
Labor Force Participation Rate Drops to 62.0%
Employment Growth Ranking—California Plummets to 43rd
Nonfarm Jobs Up 19,600 for Month; California Remains Ranked #2 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: Self Employed

Highlights for policy makers:

Unemployment Unchanged at 4.2%; Employment Down 45,300
Labor Force Participation Rate Dips to 62.2%
Employment Growth Ranking—California Drops to 9th
Nonfarm Jobs Up 46,200 for Month; California Remains Ranked #2 for 12-month Gain
Jobs Change by Industry
Structural Shifts in State’s Economy
Unemployment Rates by Region
Unemployment Rates by Legislative District
Employment Growth by Region
MSAs with the Worst Unemployment Rates
Chart of the Month: Economic Confidence