According to a recent news feature from the Los Angeles Times, 4,200 jobs have been added to the economy in California. At the same time, we are experiencing the lowest unemployment rate in nearly the past decade. The current unemployment rate in the State of California is 5.4 percent.
It should be noted that even at 5.4 percent, which is the best we have seen in California since 2007, these figures are still above the national average of 5 percent, but with the number continuing to fall each month (last month was 5.5 percent), the state may be closer to the national average if current trends continue, and for an economy the size of this state, that is a major accomplishment. Continue Reading ›