sequoiavalley.com
  • Home
    • About Us
    • Investor Opportunities
  • Data Center
  • Our County
    • Our County
    • Dinuba
    • Exeter
    • Farmersville
    • Lindsay
    • Porterville
    • Visalia
    • Woodlake
  • Incentives Zone
  • Real Estate Search
    • Certified Sites
  • Business Resources
  • BizCapFund
  • 2019 Regional Economic Summit

Beacon Employment Report

8/1/2016

0 Comments

 
Picture

At 2016 Halfway Point, CA Jobs Growth Continues

Once again California added jobs and outpaced the nation in employment growth, according to Beacon Economics’ analysis of today’s release from the California Employment Development Department (EDD).
​
California added 40,300 nonfarm positions in June, building on an upward revision from May that added 25,700 jobs. At the halfway point of 2016 the state is averaging job gains of roughly 30,900 positions per month, a slight slow down from the 34,600 per month average observed during the first half of 2015. California also continues to outshine the nation in terms of job growth this year, with the state expanding payrolls by 2.9% compared to just 1.7% growth in the nation overall.

The unemployment rate in California ticked up to 5.4% on a seasonally adjusted basis in the latest numbers, following a trend in the nation as a whole. The driving force behind this uptick was two-fold. First, there was an increase (+24,200) in the state’s overall labor force and second, household employment declined slightly during the month (-3,200). In other words, the number of unemployed workers increased as more workers entered the work force.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    EDC Staff

    The EDC staff is dedicated to bringing you the latest news on the Local Communities, County, Region, and State economy.

    Archives

    September 2018
    September 2017
    August 2017
    July 2017
    June 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    March 2016
    February 2016
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015

    Categories

    All
    Beacon Economics

    RSS Feed

Picture

Company

About Us

Our Media Center

Our Communities


Support Economic Development

Ph: 559-592-1349




Our Staff

Paul Saldana, CEcD, 
President & CEO

Karin Ford
Vice-President, COO

Stradd Herrera
BizCapFund Manager

    Contact us!

Submit
  • Home
    • About Us
    • Investor Opportunities
  • Data Center
  • Our County
    • Our County
    • Dinuba
    • Exeter
    • Farmersville
    • Lindsay
    • Porterville
    • Visalia
    • Woodlake
  • Incentives Zone
  • Real Estate Search
    • Certified Sites
  • Business Resources
  • BizCapFund
  • 2019 Regional Economic Summit