41,400 new jobs added in California
Gradually returning to normal, California has now regained more than 91 percent of the 2.7 million jobs lost back when the first state-wide stay-at-home order forced many businesses to close at the start of the pandemic.
Employers throughout the state have added 41,400 new jobs in April, bringing the state's employment rate to the lowest its been since the pandemic. The state showed some remarkably encouraging signs for its employers when its total labor force, that is people the number of people who other have jobs or are looking for jobs added 111,800 in April. California has 39 million residents accounting for more than 11% of the US population, this means that the economic health of California is an indicator of the economic state of the entire nation. From January 2021 to January 2022, California jobs have grown by 7.4% compared to the national average of 4.6%, says the California Employment Development Department.
Having said that, experts do believe that there are troubling signs on the horizon, California's job growth, albeit encouraging, isn't what it could have been. As indicated by the nearly 1.28 million job openings at the end of March. Inflation is on the rise and home sales which had hit a record number in the beginning are starting to experience a rapid decline. New unemployment claims remain high with the state accounting for 24% of all the new jobless claims in the country.
Source: CBS Sacramento
Category
Communicable Diseases
Teamwork
Data Security
Intellectual Property
Records & Reports
Hiring & Firing
Global Mindset
Background Checks
Inclusion, Equity &
Employee Handbooks
Networking
Artificial Intelligence
Ethnicity
Age
Employee Surveys
Change Management
Disability Benefits
Employment Offers
Contemporary Issues
Mental Wellness
Disaster Preparation & Response
Campus Placement
Open Enrollment
Organizational &
Ethical Practice
Employment Law & Compliance
Closing
Firing
Learning & Development
Emergency Response
Employment Testing
Overtime Eligibility &
Benefits Compliance
Educational Assistance
Workplace Stories
Employment Branding
Employee Data Privacy
Leave Management
Workforce Planning
Leadership Development
Salary Surveys
Retention
Sexualy Harassment
Social Media
Mentoring & Coaching
Benefits Reporting & Disclosure
People Management
Eligibility Verification (I-9)
Hiring
Organizational Structure
Tags
Article
This Thanksgiving - Give Thanks To All These People
This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...
Did You Lose Your Job During COVID-19? Here’s What to Do
First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...
Tips To Help You Create A Robust Hiring Strategy For 2021
While employment is steadily rising in all sectors, the fear of COVID-19 still reigns supreme. As t ...
Don’t Fall Prey to These Job Scams
When people are looking frantically for employment, scammers get a chance to exploit their weakness ...
Comments