Web Version [link removed] | Update Preferences [link removed] [link removed] Full California Jobs Report for

January 2023

The Center for Jobs and the Economy has released our full analysis of the January Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.[[link removed]].

Highlights for Policy Makers Effect of Data Revisions on California Employment [[link removed]] COVID-19 and the State Economy [[link removed]] Comparative Recovery: California at #2 for the Year [[link removed]] CaliFormer Businesses [[link removed]] Nonfarm Jobs: 9 [[link removed]] 6,700 Gain [[link removed]] Employment Still 236,600 Below Pre-Covid Level [[link removed]] Labor Force Participation Rate [[link removed]] Unemployment Rates by Legislative Districts [[link removed]] MSAs with the Worst Unemployment Rates [[link removed]] Comparative Recovery: California at #2 for the Year

The January nonfarm job numbers for California were the strongest since February 2022, showing a gain of 96,700 compared to Texas at 48,600 and Florida at 30,000. Looking at the moving 12-month total, California instead falls to second place at 635,000 for the year compared to Texas at 678,000 but still ahead of smaller Florida at 478,000.

Even with the improved recovery date, the California numbers fall behind many other states in real jobs growth rather than recovering the jobs lost during the state shutdowns. To date, California is only 293,800 jobs above the pre-pandemic peak, compared to Texas at 811,000 and Florida at 582,500.

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Report Online [[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]