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California’s jobless rate up to 4.1% amid mixed economic signals
A worker makes repairs to an electric rotor turbine unit at a geothermal plant. (Photo: VG Photo, via Shutterstock)One month does not equal a trend, but can be a cause for concern. For instance, employers in California added 19,900 nonfarm payroll jobs in August after registering 84,800 new hires in July. Meanwhile, the Golden State’s unemployment rate rose to 4.1% in August from July’s 3.9%, according to the state Employment Development Department.
