Posts Tagged: shedding 1700 jobs

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CA’s jobless rate falls to 6.9%, but new hiring slows down

A steel worker walks across a beam at a Redwood City construction site. (Photo: Michael Barajas, via Shutterstock)

California payrolls added 47,500 nonfarm workers in November compared with October’s 96,800 new hires, according to the state Employment Development Department. The November new hires accounted for 22% of the U.S.’s 210,000 jobs for the month. In California, November’s unemployment rate of 6.9% improved from October’s 7.3%.

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