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
Vendors & Software
Campus Placement
Artificial Intelligence
Employment Offers
Discrimination
HR Software
Family & Medical Leave
Religion & Spirituality
Hiring & Firing
Termination
Leadership &
Talent Acquisition
Contemporary Issues
Labor Relations
Business Acumen
Parental Leave
Pay Equity
Employee Resource Groups
Communicable Diseases
Workplace Harassment
Global Mindset
Workplance Violence
Employment Law & Compliance
Change Management
Employee Conduct
Work Life Integration
Organizational Structure
Consultation
Downsizing
Organizational &
Retaliation
Substance Abuse
Mentoring & Coaching
Closing
Intellectual Property
Ethnicity
Communication
Remote & Hybrid Work
People Management
Whistleblowing
Electronic Records Management
Severance Pay
Risk Management
Wellness Benefits
Health Savings Accounts
HR Careers
Analytical Aptitude
Networking
Opening & Closing
Employee Relations
Tags
Article
Nursing Job Openings
It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...
Let's Talk about the Hustle Economy
With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...
Effective Ways to Stay Productive While Telecommuting
Remote working is not a new thing in the US but a lifesaver in the current situation when social di ...
Here Is How to Answer These 5 Tricky HR Questions
During an interview, you’re not only asked questions according to your credibility and qualificatio ...
Comments