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California Jobless Rate Drops to 8.5 Percent

California Jobless Rate Drops to 8.5 Percent
Posted December 20th, 2013 @ 11:20am by KFBK News

California's jobless rate dropped to 8.5 percent in November, continuing a positive trend after increasing temporarily over the summer.

The Employment Development Department said Friday that the unemployment rate fell two-tenths of a percentage point since October.

It had fallen to 8.5 percent in June before bouncing back up to 8.9 percent by August.

More than 44,000 non-farm jobs were added.

The U.S. Labor Department says California, Texas and Indiana reported the largest job gains in November as hiring improved across the country.

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