Unemployment Rates Drop Again

Unemployment rates continue to fall across the Foothills and across the Golden State. According to figures released on Friday by the State Employment Development Department, California’s jobless rate fell one-tenth of a percent to 4.2 percent for the month of May.  The numbers show the state’s 111-month employment expansion is the second-longest on record behind the 113-month long expansion of the 1960s.   In Amador County, it dropped from 3.8 percent to 3.2 percent.  In Calaveras County, the rate declined from 3.8 percent in April to 3.3 percent.  Seven of California’s 11 major industry sectors gained jobs last month.  The largest increase of 12,800 jobs came in construction, reflecting an increase in home building.  Next highest is leisure and hospitality, with a gain of 4,500 jobs on the strength of the state’s tourism industry, and a 1,800 job gain in government.  The sectors with the biggest job losses were financial and manufacturing, with a combined total of 3,700.

Written by KVGC Staff


Additional information