California Unemployment Rate Falls in November
California’s unemployment rate fell to 11.3 percent in November.
Non agricultural jobs increased by 6,600 during the month for a total gain of 211,400 jobs since January, according to data released December 16 by the California Employment Development Department.
The U.S. unemployment rate also fell in November to 8.6 percent.
In October, the California’s unemployment rate was 11.7 percent. In November 2010, the unemployment rate was 12.5 percent.
Californians holding non-farm jobs totaled 14,170,100 in November. The number of unemployed Californians was just over 2 million – down by 64,000 from October and 212,000 compared with November 2010.
The unemployment rate is calculated based on a federal survey of 5,500 California households. A larger survey of 42,000 businesses that is less variable statistically shows a year-over-year increase of 233,100 jobs, up 1.7 percent.
Filed under: Budget and Economy
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