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Job growth continues to soar in California according to numbers released Thursday by the federal government.
The U.S. Bureau of Labor Statistics posted its monthly regional jobs report showing the Golden State added 30,200 nonfarm payroll jobs in June ? the biggest increase in the country. Pennsylvania had the second-largest increase with 19,100 new jobs.
California?s unemployment rate also dropped to 8.5 percent, a slight decrease from the previous month but a significant 2.1 point drop from June 2012. That?s also the biggest yearly improvement in the country. Overall, the nation?s jobless rate remained unchanged at 7.6 percent compared to last month.
Just in case you?re counting, California added the second-most jobs over the past year. The Golden State?s payrolls swelled by 253,900 jobs, trailing Texas which added 303,000 positions over that time.
The numbers are preliminary, which means the Bureau of Labor Statistics could revise them either up or down. But the growth seems to represent good news and continued economic recovery for California. The state has now added 797,400 jobs since February 2010.
Additional reading
California jobless claims drop by 4,000
California's improving economy could reduce jobless benefits
How?s manufacturing doing in California?
Christopher Arns covers state legislation, regulation and contracts, as well as economic news, international trade and economic development for the Sacramento Business Journal.
Source: http://feedproxy.google.com/~r/vertical_23/~3/_2N72iEZ7aU/california-adds-most-jobs-in-country.html
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