California unemployment rate falls below 8% for first time since 2008

Written By kolimtiga on Jumat, 16 Mei 2014 | 22.25

California employers added a net 56,100 jobs in April, helping push the unemployment rate below 8% for the first time in nearly six years, the U.S. Bureau of Labor Statistics reported Friday. 

The state's jobless rate fell from 8.1% in March to 7.8% last month. The last time the unemployment rate was below 8% was in September 2008 when it stood at 7.9%.

April's surge in payroll employment occurred in at least six sectors, with education and health services posting the largest gain. The sector expanded by 19,400 jobs in April.

Leisure and hospitality, which has rebounded strongly since the depths of the recession, posted the next highest gain of 13,400 jobs.

Professional and business services, which includes high-paying jobs such as accountants and lawyers, continued its strong growth, adding 11,900 jobs. The housing recovery also helped boost hiring in construction, which added 7,100 jobs last month.

Manufacturing was flat from March to April. The government sector posted a net decline of 1,600 jobs. 

Since April 2013, California payrolls have expanded 2.25%, faster than the U.S. overall. In that time, California employers have added 340,200 jobs to their workforces. Texas was the only state that added more jobs, growing by 348,000 over the same period. 

Rhode Island still has the highest unemployment rate in the nation, 8.3%. North Dakota's jobless rate of 2.6% is the country's lowest.

Copyright © 2014, Los Angeles Times

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