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The statewide unemployment rate went up a notch to 5.3% in August (from 5.2% in July), tied with Illinois for the second highest behind Nevada’s 5.5% rate, the U.S. Bureau of Labor Statistics said.
The jump in the unemployment rate, from 4.1% in June and 3.5% in July 2023, came amid increasing concerns of a weakening economy as high interest rates meant to fight inflation continue to weigh ...
California’s unemployment remains the highest state rate in the nation. New data from the state’s Employment Development Department put the April rate at 5.3% for the third consecutive month ...
California unemployment rate, 1976–2024 US unemployment rate The economy of the State of California is the largest in the United States , with a $4.080 trillion gross state product (GSP) as of 2024. [ 1 ]
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The counties with the highest unemployment rates were generally located in inland areas and had lower levels of income. Unemployment rate has reached 12.4 percent in 2010 which is highest recorded from 1976. Unemployment rates in California reached historic lows in 2000 and 2006.
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
It lowered the state’s unemployment rate to 5.2% from 5.3%, which was the highest in the nation. The added jobs accounted for 16.1% of the country’s gains while California has an 11% labor ...