California Business Minute™

The California Workforce Association, CWA is a non profit
organization that formulates public policy strategies and
builds local capacity to address critical workforce issues.

CWA works to promote, enhance and serve the interest of local workforce development.

For further information, contact us  www.calworkforce.org or at 916 325-1610

Hi, I am Tim Johnson and welcome to the California Business Minute.

California’s unemployment rate increased for October, up .03 percent from September
to 12.5 percent according to the latest figures released by the Employment Development
Department. The number of people unemployed in the state is estimated to be 2,293,000
for the month.

For California,  six sectors added jobs over the month, information, financial
services, professional and business services, education and health services,
leisure and hospitality and government. Government had the largest increase with
13,400 jobs.

Meanwhile, this month, 49 counties out of the 58 had double digit unemployment, up
from last month’s 48.  The eight counties of Inyo, Marin, Mariposa, Napa, Orange,
San Francisco, San Mateo, San Luis Obispo and Santa Barbara had lower unemployment
rates than the national average of 10.2 percent

Marin County has the lowest unemployment rate, 8.1 percent for October, while Imperial
County continues to have the highest unemployment rate at 30.  Meanwhile others like
Alpine, Colusa, Sutter and Yuba counties near 20 percent.

I am Tim Johnson and this has been the California Business Minute.

For further information see
http://www.edd.ca.gov/About_EDD/pdf/urate200911.pdf
www.bls.gov and www.beaconecon.com  (go to products for drilldown).