California’s economy is fast losing momentum; 327,000 job seekers give up
Hundreds of thousands of Californians dropped out of the workforce in November as businesses sharply curtailed the pace of hiring — trends that economists suggest are growing ever more dire. Golden State employers added 57,100 jobs last month, bringing payrolls to a total of 16.19 million, California officials reported Friday. That was a dramatic slowdown from the previous month: In October, ...
by Margot Roosevelt, Los Angeles Times
Dec 18, 2020
2 minutes
Hundreds of thousands of Californians dropped out of the workforce in November as businesses sharply curtailed the pace of hiring — trends that economists suggest are growing ever more dire.
Golden State employers added 57,100 jobs last month, bringing payrolls to a total of 16.19 million, California officials reported Friday. That was a dramatic slowdown from the previous month: In October,
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