The U-6, although less used, is often considered a more reliable indicator. For example statewide, the California EDD reports California unemployment numbers at 5.3%. The Bureau of Labor Statistics (BLS) currently ranges from 2 percent (U-1) to 9 percent (U-6) and updates generally lag sl...
Source: EDD The recession has been so long and deep, that even 99 weeks of unemployment insurance with combined extensions is not enough for thousands of California residents. A current extension signed by the President will not help this group. And withbudget battleslooming f...
Filed Under: Trending News Tagged With: California Politics, EDD, unemployment Kamala Harris has gone from a joyful warrior to a somber one in campaign’s closing days October 21, 2024 By Shira Stein 1 Comment WASHINGTON — There are fewer memes and coconut trees, and when Kamala Harris lau...
The U.S. unemployment rate also decreased in June to 6.1 percent. In May, the state’s unemployment rate was 7.6 percent, and in June 2013, the unemployment rate was 9.0 percent. The unemployment rate is derived from a federal survey of 5,500 California households. Nonfarm jobs in Californ...
"There's something going on," said labor lawyer Michael Bernick, a former EDD Director, who says California's unemployment rate is far higher than the national 4.2%. MORE: Frustrated by EDD? Here's where you can go for help "We were at 7.3%. That, with Nevada...
Despite those job gains, California still has the second highest unemployment rate in the country at 8.3%, trailing Hawaii. But that number can be deceiving. The unemployment rate is a percentage of people who are looking for work and do not have a job. As more people start looking for wo...
Following a delay in data release due to the government shutdown, the latest numbers from the state Employment Development Department (EDD) show California added 3,000 jobs in January, bringing the annual growth to 246,400 jobs. That represents a 1.4 per
“Whatever caused the nation as a whole to have a subpar job gain didn’t have as much influence in California in February,” said Aubrey Henry, a spokesman for the state’s EDD agency. Even so, Henry said California’s February job gain was below trend for the state in terms of...
to bring for the next decade,” said Rob Moutrie, a policy advocate for the California Chamber of Commerce. “We believe all the factors affecting California’s unemployment insurance fund, including eligibility issues and EDD’s failures, must be considered when looking at the unprecedented debt...
The EDD also projects that the following occupations will be among the fastest growing during the same period: Biomedical engineers Biochemists and biophysicists Medical scientists Personal and home care aids Computer engineering and systems network engineering are also strong growth fields. ...