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CA Unemployment Under 8% For First Time in Six Years

 
CA Unemployment Under 8% For First Time in Six Years
Posted Friday, May 16th 2014 @ 6pm  by KFBK News - Tim Lantz

California's unemployment rate is reportedly now under 8% for the first time in nearly six years.

The Employment Development Department reports the statewide jobless rate for April is 7.8%.  George Marley with the EDD says the Sacramento metro area is doing even better.

"The unemployment rate for the Sacramento MSA came in at 7.1%," he said. 

Which he says is a full percent lower than the revised number for March unemployment in Sacramento.

"The region continued to experience healthy gains in jobs, this month picking up 7,500 jobs," Marley reported.

The biggest improvement in the number of jobs added came in the area professional and business services.  The construction industry added 1,300 jobs, a 3% increase since March.  This is seen as a sign that the state's economy has rebounded from the recession.

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