California Unemployment Rate Decreases To 5.4 Percent

LOS ANGELES (CBS/AP) — California's unemployment rate dipped to 5.4 percent in March.

The state Employment Development Department released the monthly jobs figures on Friday. The rate was down from 5.5 percent in February and from 6.6 percent in March 2015.

The state says nonfarm payroll jobs increased by 4,200 last month to a total of more than 16.3 million.

In Los Angeles County, the seasonally adjusted unemployment rate similarly dipped to 5.4 percent from 5.6 percent in February, and well below the 7.4 percent rate from this same time last year.

In Orange County, the unemployment rate remained steady at 4 percent.

(TM and © Copyright 2016 CBS Local Media, a division of CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.