California’s unemployment rate rises to the highest level in the U.S.
- California's unemployment rate, the highest in the country, was 5.3% in February due to job losses from the pandemic.
- Job growth was overestimated, with data showing fewer jobs added in certain sectors.
- The state is facing a large budget deficit, with discrepancies in estimates between the Newsom administration and the Legislative Analyst's Office.
17 Articles
17 Articles
California is not all right
Despite stubbornly high inflation and record-high credit card debt, the economy added 2.7 million jobs last year while unemployment hovered just below 4%. But not all states did as well. California, the gem of Democratic uniparty governance, added just 154,000 jobs, and joblessness stagnated above 5%. While states such as Florida and Texas grew their workforce by 3.4% and 3.3%, respectively, California’s grew by just 0.87%. All this was while th…
Day Around the Bay: California Now Has the Highest Unemployment Rate Out of All the U.S. States
Federal data released Friday shows that California has the highest unemployment rate in the country, although San Francisco is still slightly below the national average. In February, California saw a rise in its unemployment rate to 5.3% — a 0.1 percentage point increase that meant we overtook Nevada, which previously held the record. [Chronicle]Mayor London Breed made good on her promise to send Dungeness crab to the mayor of Kansas City Mayor …
California's unemployment rate is the highest in the nation. Slower job growth is to blame
SACRAMENTO, Calif. — California's unemployment rate is now the highest in the country, reaching 5.3% in February following new data that revealed job growth in the nation's most populous state
New data shows that California's unemployment rate rose to 5.3% in February, the highest level of any US state, and non-farm work fell by 3,400. California's unemployment rate rose 0.1 percentage points from January, surpassing Nevada, which previously had the highest unemployment rate in the US. Nevada's unemployment rate fell from 5.3% to 5.2%, according to data released on Friday (March 22). The national unemployment rate in February was 3.9%…
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