Economic Development Futures Journal

Saturday, November 15, 2003

counter statistics

Jobs Growing in California

In a sign that the economic recovery is finally adding jobs, California gained almost 35,000 new jobs in October, the biggest job growth gain since December 2000, according to figures released Friday by the California Dept. of Employment Development Department.

Statewide, unemployment dropped to 6.6 percent in October, down from 6.8 percent a year ago but up slightly from a revised 6.5 percent in Septem-ber.

In October, there were34,800 jobs added in California, the highest one-month gain in job growth since December 2000, when 38,700 jobs were added, according to EDD statistics.

This is a good sign for both California and the nation. Let's keep our fingers crossed.

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