November jobs decline slightly with unemployment, but annual figures are still

23 Dec 2015 | Author: | No comments yet »

California’s Unemployment Rate Dips To 5.7%.

SACRAMENTO (CBS/AP) — California’s jobless rate dropped slightly in November to 5.7 percent, down just a tenth of a point from the previous month, the state Employment Development Department reported Friday. The slow but positive economic job growth seen in recent months is more mixed on the local than national level with 11 states showing unemployment is actually increasing, according to a Bureau of Labor Statistics (BLS) jobs report Friday.Orange County’s economy continued to add jobs in November, outpacing national payroll growth, and the local unemployment rate dipped further, according to data released Friday by state officials.NEW ORLEANS (AP) — Louisiana’s unemployment rate ticked up in November, with the number of jobless people rising even as people exited the labor force. A separate survey showed payrolls flat in November, but more than 11,000 lower than in November 2014, a warning that Louisiana’s economy may be shrinking.

Industries that added jobs in California last month included construction, manufacturing, transportation and utilities, educational and health services, and leisure and hospitality services. It has decreased in a total of 45 states in the past year. “North Dakota had the lowest jobless rate in November, 2.7 percent, followed by Nebraska, 2.9 percent,” the report noted. “New Mexico had the highest rate, 6.8 percent.” Recent monthly reports have shown relatively positive, but slow employment growth. Fields that posted jobs losses in November included government, information and financial services, professional and business services, and mining and logging. Last month’s year-over-year gain was down from the first half of the year, when employment was up an average of 50,000 each month from 2014 levels. “The pace is tapering,” said Esmael Adibi, director of Chapman University’s Anderson Center for Economic Research. “The reason is we did some catch-up hiring at the beginning of the year. You can’t sustain (job growth) over 3 percent.” Nonetheless, local job growth still outpaces the national average of 1.9 percent, said Stephen Levy, director of the Center for Continuing Study of the California Economy.

Government jobs – which include teaching positions at public schools and state colleges – were up 5,600 year-over-year in November, due in part to expanding budgets for state and local governments.

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