01/28/2023

News

Full December 2022 Jobs Report

Highlights for policy makers:

COVID-19 and the State Economy
Jobs Recovery: California Still Lags US
CaliFormer Businesses
CaliFormers Update
CaliFormer Indicators: WARN Act Notices
CaliFormer People
Nonfarm Jobs: 70,000 Above Pre-Covid Peak
Jobs Change by Industry
Employment 293,300 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative District
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates

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Quick Facts: December 2022

Download Report The Center for Jobs and the Economy has released our initial analysis of the December Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca.

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Special Report: Recession and the Economy

While the recent budget projections by both Department of Finance and Legislative Analysts’ Office do not anticipate a recession in 2023, other sources expect at least a mild downturn especially in response to continued Federal Reserve rate actions to combat inflation.  The effect on employment and the unemployment rate, however, is uncertain.  Jobs growth in the state continues to be held back more by labor shortages, as indicated in the continuing high level of unfilled job openings, and in other industries such as trade more by infrastructure and comparative cost factors.  Employment losses within one part of the economy consequently are just as likely to be offset by hiring in others at least in the near term.  Even within tech, the high numbers of unfilled job openings in the affected industries suggest layoffs are just as likely to be met with hiring by other companies and creation of new startups, although not necessarily within this state.

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California Energy Price Data for December 2022

Below are the monthly updates from the most current October 2022 fuel price data (GasBuddy.com) and August 2022 electricity and natural gas price data (US Energy Information Administration).

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California Trade Report for November 2022

Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The November trade numbers saw a general decline as pandemic period patterns began to reverse and as China experienced continued lockdowns. Total trade through the state’s ports dropped both in nominal and real […]

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Full November 2022 Jobs Report

Highlights for policy makers:

COVID-19 and the State Economy
CaliFormer Businesses: Update
Nonfarm Jobs: 60,700 Above Pre-Covid Peak
Job Change by Industry
Employment 273,500 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates

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Quick Facts: November 2022

Download Report The Center for Jobs and the Economy has released our initial analysis of the November Employment Report from the California Employment Development Department.

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California Energy Price Data for November 2022

Below are the monthly updates from the most current October 2022 fuel price data (GasBuddy.com) and August 2022 electricity and natural gas price data (US Energy Information Administration).

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California Trade Report for October 2022

Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The October data indicated weakening across all trade measures as exports from China continued to be hampered by that country’s lockdown strategies, importers continued to adjust inventory management, and as international economic conditions […]

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Full October 2022 Jobs Report

Highlights for policy makers:

COVID-19 and the State Economy
CaliFormer Businesses: Update
Nonfarm Jobs: 30,800 Below Pre-Covid Peak
Job Change by Industry
Employment 230,900 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates

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Quick Facts: October 2022

Download Report The Center for Jobs and the Economy has released our initial analysis of the September Employment Report from the California Employment Development Department.

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California Energy Price Data for October 2022

Below are the monthly updates from the most current October 2022 fuel price data (GasBuddy.com) and August 2022 electricity and natural gas price data (US Energy Information Administration).

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California Trade Report for September 2022

Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The September data saw an expansion in exports in both nominal and real terms, while imports slowed as companies sought to correct prior overstocking of inventories and as consumer spending shifted to services rather than […]

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Full September 2022 Jobs Report

Highlights for policy makers:

COVID-19 and the State Economy
CaliFormer Businesses: Update
Nonfarm Jobs: 24,700 Below Pre-Covid Peak
Job Change by Industry
Employment 189,700 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates

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Quick Facts: September 2022

The Center for Jobs and the Economy has released our initial analysis of the September Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca.

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