California gains jobs, and unemployment stays at a record-low 4.1 percent
by Margot Roosevelt, Los Angeles Times
Nov 16, 2018
3 minutes
California's record-low unemployment rate held steady in October at 4.1 percent - the lowest rate in more than four decades - as payrolls grew, according to data the state Employment Development Department released Friday.
Employers added 36,400 net positions last month, more than making up for a downward revision that took 10,000 jobs off September's growth.
October's payrolls rose to 17,236,600 jobs, up 1.8 percent compared with a year earlier. Joblessness in
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