From Center for Jobs and the Economy <[email protected]>
Subject California Employment Report for July 2019
Date August 16, 2019 9:30 PM
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Web Version [link removed] | Update Preferences [link removed] [link removed] California Employment Report for

July 2019

The Center for Jobs and the Economy has released our initial analysis of the July Employment Report released by the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org [[link removed]]

CA Unemployment Rate Improves 4.1% CA Unemployment Rate

EDD reports California's unemployment rate (seasonally adjusted) in July improved to 4.1% as the labor force continued to dip. Total employment was down 24,600 from the revised June numbers, while total unemployment dropped by 10,500. Total labor force was down 35,100.

US Unemployment Rate Unchanged 3.7% US Unemployment Rate

The US unemployment rate remained at 3.7% as nationally the labor force continued to draw in new workers. Employment was up 283,000, unemployment up 88,000, and the labor force grew by 370,000.

Unemployment by Ethnicity/Race

Unemployment rates by ethnicity/race were unchanged from June for White, improved for Latino, and expanded for African-American. The data source for these rates differs from the reported numbers, with EDD estimating the demographic rates as a 12-month moving average from the core Current Population Survey data.

Nonfarm Jobs Up 19.6k Job Gains

Nonfarm wage and salary jobs rose 19,600 (seasonally adjusted) in July, while jobs nationally grew by 164,000. June's gains were revised to 41,300 from the previously reported 46,200. Biggest gains were in Healthcare & Social Assistance (11,200; $51.5k), Professional, Scientific & Technical Services (7,700; $122.5k), and Administrative & Support & Waste Services (6,000; $45.4k). Losses were in 7 industries, led by Arts, Entertainment & Recreation (-5,100; $59.0k), Accommodation & Food Services (-4,100; $25.0k), and Government as the numbers begin to reflect summer holidays for teachers (-3,200, $70.1k). All salary numbers are the latest 4-quarter average from Quarterly Census of Employment & Wages.

Employment Rank Plummets To 43rd Highest 43rd Job Gains

While jobs growth continues to slow in the state, employment has slowed more strongly as the labor force growth continues to stall. California employment dipped by 600 over the year ending July 2018 (seasonally adjusted), putting it at the 43rd highest gain among the states. On a population-adjusted basis, California’s growth rate over the year was essentially unchanged, placing it at 42nd highest.

Counties with Double-Digit Unemployment 3 Counties with Unemployment

Above 10%

The number of counties with an unemployment rate at 10% or above notched up to 3: Imperial, Colusa, and Tulare. The number with unemployment rates at or below 5% dipped to 34, with 6 counties at 3% or below. San Mateo had the lowest rate at 2.3%, while Imperial had the highest at 20.7%.

California Center for Jobs [[link removed]] The California Center for Jobs and the Economy provides an objective and definitive source of information pertaining to job creation and economic trends in California. [[link removed]] Contact 1301 I Street Sacramento, CA 95814 916.553.4093 If you no longer wish to receive these emails, select here to unsubscribe. [link removed]
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