The state Employment Development Department said Friday the rate was down from 8.3 percent in December and from 9.5 percent a year earlier.
While unemployed job seekers in their 20s find if difficult to find work, those in their 50s are finding it nearly impossible. Research by the Federal Reserve in San Francisco finds that older workers, who are in the ranks of the long-term unemployed, have almost no chance of getting hired.
California’s unemployment rate fell to 8.7 percent in September and was unchanged in October, snapping a two-month streak of increases, the state Employment Development Department said Friday.
Unemployment rates in the Bay Area subsided again in August after a brief rise in July, but statewide jobless rates continued to climb, state employment officials said Friday.
Unemployment rates rose in July in the Bay Area and statewide, even as the national unemployment rate declined, state officials said Friday.
California’s unemployment rate fell to 8.6 percent in May, marking the first time in nearly five years the jobless rate has dipped below 9 percent.
The state’s Employment Development Department reported Friday that California’s jobless rate is at its lowest point since November 2008, nearly a year after the recession began.
California’s jobless rate decreased to 9.4 percent in March, continuing a steady decline as the state pulls itself out of recession.
Unemployment rates increased in half of U.S. states in January from December, as employers nationwide added the fewest jobs in seven months.
This is hardly a case of “the same old story.” Americans are living longer than ever before, and have to work longer, too. And it’s anything but easy for many of them.