Sacramento, CA– California’s unemployment rate has surged to become the highest in the nation at 5.3% in February. This comes after recent data revealed slower job growth in the state than previously believed. Governor Gavin Newsom’s pandemic-related stay-at-home order led to the loss of 2.7 million jobs at the pandemic’s onset. While the state has since added over 3 million jobs, recent analysis shows a significant slowdown in job growth last year. The discrepancy in job numbers stems from overestimations in certain sectors, notably professional services. For instance, while initial data suggested a gain of 9,900 jobs in July last year, corrected figures indicate a loss of around 41,400 job
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