FOR IMMEDIATE RELEASE
September 16, 2022

CONTACT: Brooke Armour
(916) 553-4093

SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, issued the following statement in response to the August Employment data, which was released today:

“Job gains in August were at their lowest monthly results for the year and employment saw a loss of 3,900. National and international issues are slowing our economic recovery, which is concerning because California has the 10th highest unemployment rate among all states and is only now transitioning from job recovery to job growth after the pandemic recession. With record-high inflation and an ongoing cost-of-living crisis, now is not the time to further burden working families with higher taxes and costs.”

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