SACRAMENTO (AP) — Officials say California’s unemployment rate remained steady at 12.4 percent over the past month.
The state’s Employment Development Department released the latest jobless numbers Friday. The data shows that the unemployment rate has now held at or above 12 percent for 15 months.READ MORE: UPDATE: Investigation Underway Into Fatal Freeway Shooting On I-580 In Oakland
KCBS’ Barbara Taylor Reports:
California saw a net gain of 39,000 non-farm jobs in October, as the state experienced job growth in eight categories. The area of professional and business services posted the biggest gains.READ MORE: COVID: Bay Area Health Officials, Schools Prepare To Vaccinate Kids 5-11 As Authorization Looms
The financial industry suffered the most job losses, while mining, logging and information jobs also were on the decline.
California’s unemployment rate continues to be higher than the national average, which also held steady at 9.6 percent between September and October.MORE NEWS: COVID: Muni To Suspend 'Short' Line Service Citing Vaccine Mandate Staffing Issues
(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)