October 2017 State Jobs Report

California's Employment Development Department and the U.S. Bureau of Labor Statistics released California's October 2017 state jobs report on November 17, 2017. California's official unemployment rate fell from 5.1% in September to 4.9% in October. The table below summarizes nonfarm employment by sector based on the monthly survey of employers. California's professional and technical services sector—focused on the state's high-paying technology firms—grew by a seasonally-adjusted 3,600 jobs after several months of being stagnant. (We discussed job growth trends in the technology sector in our recent Fiscal Outlook.)

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