California Job Growth Still Expanding
22 Sep 2019
Long Term Concern: Labor Force Declines For 6th Consecutive Month
Riverside, CA —Nonfarm employment in California expanded at a steady pace, increasing by 34,500 jobs in the latest numbers from the California Employment Development Department, according an analysis released jointly by by Beacon Economics and the UC Riverside School of Business Center for Economic Forecasting and Development. This level of growth exceeds the monthly average over the last twelve months, which comes in at 26,200.
From a year-over-year perspective, California has added 314,200 as of August 2019. This is equivalent to a 1.8% year-over-year increase, which matches the fastest yearly growth rate out of any month in 2019 and is a better showing than the nation’s 1.4% rate.
More Topics
A piece of Grand history comes home
Sep 21 2019A piece of Tracy history came home when marquee letters from the 1940s-era Grand Theatre were unveiled mounted to a wall in the lobby of the Grand Theatre Center for the Arts on Sept. 12.
Cultural arts manager William Wilson welcomed the letters’ return.
Read full article.
City moves toward renewable energy
Sep 20 2019The city of Tracy plans to switch from Pacific Gas & Electric Co. as the primary source of power for Tracy homes and businesses and bring in a new company, East Bay Community Energy of Oakland, in its place.
The Tracy City Council approved an ordinance that authorizes a...
GOVERNOR’S CHIEF ECONOMIC AND BUSINESS ADVISOR RELEASES STATEMENT ON AUGUST EMPLOYMENT NUMBERS
Sep 20 2019Sacramento, CA – Following the California Employment Development Department’s (EDD) release of the state’s employment data from August, the Governor’s Chief Economic and Business Advisor and Director of the Governor’s Office of Business and Economic Development, Lenny Mendonca issued the following statement.
Read full article.
