HelpWanted.com

California worst state to be unemployed

California worst state to be unemployed
As of 2022, California has the most competitive job market in the country. The unemployment rate in California is 6.4% while the national average is 6.9%. 

California's employment is reheating slowly after the pandemic's economic chill. This is shown by the weak prospects for work compared to the national scale. California had 1.15 million unfilled positions in October- the largest count in the nation despite being down 0.4% in a month. That translated to 64% more job opportunities than a year ago. Although that's a huge number, it's slightly above the US national average. Bosses nationwide had 11 million openings, up 4.1% in a month and up 61% in a year. To be fair, it has also been taken into consideration that not all the vacancies are suitable for the unemployed population and many employers and employees have unrealistic expectations. However, the collective needs of the employers and the desires and skills of the employees paint the picture of an economy. If we compare the statewide supply of job opportunities vs who needs a paycheck, in California for the 1.38 million unemployed, there were 83 jobs to be had for every 100 jobless workers. These numbers are a national low. This is what makes the state the most competitive job market, the national number for the same is 132 opening for every 100 unemployed workers. 

If other worker movement metrics are taken into consideration, in California employers are hiring adding 691,000 workers in October, but if seen in a cumulative 12-month average, the number is a disappointing 5.5% improvement. While the 6.5 million hires nationwide were up 7.1% in the year. On the other hand, California bosses fired 131,000 people in October- no. 1 in the US while the nationwide dismissals were down by 2.5% in a month and 21% in a year. 

Source: Los Angeles Daily News
Tags In
Legal Urban India Jobs

Previous days news

Jan 3 Jan 2 Dec 30 Dec 27 Dec 26

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Jobs In Bank Delhi Police Education Sector Farming Jobs Communication Skilling And Training Union Budget Civil Engineering Jobs For Senior Citizens Urban Unemployment Government Jobs Gujarat Govt New-collar Jobs Healthcare Jobs Job Losses Pandemic Talent Millennials Rajouri DC Unethical Employment Forging Documents Cognizant Jobs University Jobs Teachers Recruitment Tech Sector Revenue In India Layoffs Flipkart Reliance Income Household Olympics Education Mumbai Jobs Labour Market Scientific Officer Jobs Powerloom Workers Student Life Passion Labour Reforms Internships PhonePe South Eastern Railways Unemployment Rate India Data Visualisation Jobs MGCU Bosch Hiring USA Nagaland Jobs Uber Jobs For Freshers Jobs Sectors
Articles

Return to Office: Tips to cope with Change

The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...Read more

You Think You Have Earned It? Here is How to Ask for a Promotion

Nearly 62% of employees in the managerial levels are satisfied with their jobs. Although they have ...Read more

Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

COVID-19 - 6 Challenges Staffing Firms Are Likely to Face

Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...Read more