California’s Unemployment Rate Drops, Mother Lode’s Holds Steady ...Middle East

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California’s Unemployment Rate Drops, Mother Lode’s Holds Steady
Sacramento, CA – Even with a decrease in California’s jobless rate, the state lost more than 70,000 jobs in January as the coronavirus pandemic lingered on into the new year. The state rate dipped from 9.3% in December to 9% in January. That drop is attributed to the fact that 36,500 people stopped looking for work amid another round of state-imposed lockdowns, according to Friday’s Employment Development Department (EDD) report. Revised numbers from December and January show the state actually lost 145,300 jobs over those two months, slowing California’s recovery. However, the state has regained about 39% of the more than 2.7 million jobs lost in March and April 2020 when the pandemic took

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