California Unemployment Rate Fell to 4.3 Percent in December
SACRAMENTO, Calif. (AP) — California’s unemployment rate fell to 4.3 percent in December.
The state Employment Development Department says that’s a new record low in records dating back to 1976, surpassing the record low of 4.6 percent set in November.
In December 2016, the state’s unemployment rate was 5.2 percent.
The department says that last month’s largest jobs increase was in the government sector, followed by leisure and hospitality.
Seven other industry sectors also posted gains, while decreases occurred in trade, transportation, utilities, mining and logging.