US hiring keeps booming. Why is California lagging far behind? ...Middle East

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U.S. employers continued hiring new workers at a brisk pace last month, providing fresh evidence that the overall economy remains sturdy, but the new data showed that California is still looking like an underachiever. California’s job growth has been trailing the national curve all year, and even though it made up some ground in January, the Golden State still lags behind when it comes to adding new jobs. The state’s unemployment rate also continued a monthslong run of exceeding the national average by more than a full percentage point. California’s most recent unemployment rate, for January, was 5.2%. The national jobless rate went up slightly in February

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Last updated : 10 March 2024 clock 01:08 PM

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US hiring keeps booming. Why is California lagging far behind? ...Middle East

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