Sacramento, CA– California’s unemployment rate has increased in the month of October to 4 percent despite the state adding 56,700 nonfarm payroll jobs to the economy. This is based on the latest data released by the California Employment Development Department(EDD) from two surveys. In addition, the state has announced it has completed its full recovery from the large job loss during the COVID-19 pandemic. The 2,758,900 nonfarm jobs lost during March and April of 2020 have now surpassed it with a gain of 2,789,700 (101.1 percent) nonfarm jobs since that time. A previously released number has been revised for September of this year and continues to set a record, the unemployment rate was 3.8
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