Sunday, November 18, 2012

California gains 45,800 payroll jobs; unemployment dips to 10.1%

Good news.  But I wonder with all the fresh layoffs what next month will look like.
The state's labor market showed continued strength in October as California employers added 45,800 nonfarm jobs to payrolls last month, outpacing the U.S. growth rate.

The unemployment rate dipped slightly to 10.1% from 10.2%, according to data released Friday by the state Employment Development Department.

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