California Unemployment Down… To 9 Percent
Down despite less jobs being created in April
California's pace of job creation slowed in April, as employers added 10,300 jobs in April, nevertheless pushing the state's unemployment rate down to 9% from 9.4% the month before.
Employers had added twice as many jobs in March as they did in April. They slowed job creation in nearly every sector, including government, financial activities and trade, according to data released Friday morning by the Bureau of Labor Statistics.