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State Unemployment Rate at Lowest Level Since 2008

 
Posted Friday, March 21st 2014 @ 1pm  by KFBK News - Mike Simpson

California's unemployment rate has ticked down to its lowest level since 2008.

The state added more than 58,000 new jobs in February, pushing the unemployment rate down a tenth of a point to 8 percent. We were at 7.9 percent before the financial markets crashed.

In Sacramento, the region experienced a net gain of 3,800 jobs, and seven of 12 industry sectors are in positive territory, said George Marley with the Employment Development Department. 

The regional unemployment rate is at 8.2 percent. 

Marley says education and health care lead the way.

"One industry that stood out for the month over, which posted a 700 job increase," he said.

He credits new building and warmer weather. Our four-county region has added 11 thousand jobs over the last year.

 

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