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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. Unemployment rates in California were relatively low during the early 2000s but increased drastically in late 2000s.
In California, the Employment Development Department ( EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market information and employment data.
The California Department of Industrial Relations ( DIR) is a department of the government of the state of California which was initially created in 1927. [1] The department is currently part of the Cabinet-level California Labor and Workforce Development Agency, [2] and headquartered at the Elihu M. Harris State Office Building in Oakland.
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Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
The figure was up from this time last year when the unemployment rate was 3.7% and 6.1 million people were idle. May marked the 49th month of job market expansion for California after the state ...
California gained 43,700 nonfarm jobs last month, the state’s biggest monthly increase since October. The state’s jobs numbers have lagged, logging the nation’s highest unemployment rate in ...