California businesses added 23,100 jobs in August. The July jobs figures were revised downward about 20,000 jobs, from 28k to 9k. The state's unemployment rate remained 4.6 percent, despite three months now of relatively slow job growth.
The administration's recent Unemployment Insurance (UI) Trust Fund forecast shows that UI benefit payments will exceed state payroll tax contributions by $1.1 billion in 2023. Historically, benefit payments have only exceeded contributions during major economic downturns. For the first time, the fund is expected to be out of balance during a period of job growth.
California added 84,800 jobs in July, about twice the level of recent months. Job gains for June were revised upward as well, from 19k to 37k.
California businesses added 19,900 jobs in June, about half as much as recent months and the slowest gain since last September.
California employers added 60,200 jobs net jobs March (seasonally-adjusted), a 4.2 percent increase on an annual basis.
California employers added 50,700 net jobs in December, representing annualized growth of 3.6 percent.
California employers added 96,800 net jobs in October, the highest monthly figure since July.
California employers added an estimated net 47,400 jobs in September, the smallest monthly gain since January.
California employers added 104,300 net new jobs in August, a strong showing despite the national slowdown.
California employers created an estimated 114,400 net jobs in July, the biggest gain since February.
California employers added an estimated 73,500 jobs in June, the smallest increase since January.
California employers added 104,500 net jobs in May, the fourth straight month over 100,000.
California employers added an estimated 101,800 jobs in April, the third straight month over 100,000.
California employers added an estimated 119,600 net jobs in March.
California employers added an estimated 141,000 jobs in February, the biggest net increase since June.