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Unemployment rate has reached 12.4 percent in 2010 which is highest recorded from 1976. Unemployment rates in California reached historic lows in 2000 and 2006. Unemployment rates in California were relatively low during the early 2000s but increased drastically in late 2000s.
California’s unemployment remains the highest state rate in the nation. New data from the state’s Employment Development Department put the April rate at 5.3% for the third consecutive month ...
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
California gained 43,700 nonfarm jobs last month, the state’s biggest monthly increase since October. The state’s jobs numbers have lagged, logging the nation’s highest unemployment rate in ...
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [4] and Puerto Rico [5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The nation’s unemployment last month was 3.8% as the economy added a surprisingly high 303,000 jobs Why does California have the nation’s highest unemployment rate? Three sectors were hit hard
Job seekers ratio. Cold job market. Balanced job market. Hot job market. Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage rates.