Get all your news in one place.
100's of premium titles.
One app.
Start reading
Los Angeles Times
Los Angeles Times
Business
Shan Li

BRIEF: California jobless rate falls to 6.2% in July; employers add 80,700 jobs

Aug. 21--The California unemployment rate fell to 6.2% in July -- its lowest level in more than seven years -- and employers added a robust 80,700 net new jobs.

The uptick was bigger than in June, which saw a revised 22,300 added jobs, according to the Bureau of Labor Statistics.

Nationwide, the jobless rate remained steady at 5.3% last month.

Since July 2014, the Golden State has added 494,300 net new jobs, a pace of 3.2% that outstrips the national average of 2.1%. A year ago, the state unemployment rate was 7.4%.

The professional and business services sector had the biggest month-over-month bump in jobs, adding 22,300 positions in July. Construction, which has boomed as the housing market has picked up, added 3,000 jobs. Other industries showing strong growth include leisure and hospitality, with 19,100 new jobs, and the trade, transportation and utilities sector, which added 8,400 positions.

The only major industry to shed jobs was government, with 1,100 positions lost. Mining and logging, which includes the struggling oil industry, was flat month-over-month.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.