California Employment Falls in August 2011: Chart

Gary North
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September 17, 2011

This chart from Gregor.us reminds us that the employment situation in California has been bad throughout the so-called economic recovery and is now getting worse.

California Employment Falls in August 2011: Chart
Now read the September 16 press release from the state's Employment Development Department.

California's unemployment rate increases to 12.1 percent

SACRAMENTO -- California's unemployment rate increased to 12.1 percent in August, and nonfarm payroll jobs decreased by 8,400 during the month for a total gain of 98,500 jobs since 2011 began, according to data released today by the California Employment Development Department (EDD) from two separate surveys.

The U.S. unemployment rate was unchanged in August at 9.1 percent. In July, the state's unemployment rate was 12.0 percent, and in August 2010, the unemployment rate was 12.4 percent. The unemployment rate is derived from a federal survey of 5,500 California households.

Nonfarm jobs in California totaled 14,057,200 in August, a decrease of 8,400 jobs over the month, according to a survey of businesses that is larger and less variable statistically. The survey of 42,000 California businesses measures jobs in the economy. The year-over-year change (August 2010 to August 2011) shows an increase of 171,100 jobs (up 1.2 percent).

EMPLOYMENT AND UNEMPLOYMENT IN CALIFORNIA

The federal survey of households, done with a smaller sample than the survey of employers, shows a decrease in the number of employed people. It estimates the number of Californians holding jobs in August was 15,830,000, a decrease of 18,000 from July, and down 58,000 from the employment total in August of last year.

http://www.edd.ca.gov/About_EDD/pdf/urate201109.pdf
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