California unemployment rate drops to 10.2% in September
SACRAMENTO -- California’s unemployment rate fell to 10.2% in September from 10.6% in August, but just 8,500 net new jobs were created, according to the U.S. Department of Labor.
The national unemployment rate in September was 7.8%, its lowest level in 3 1/2 years.
But the Golden State’s unemployment fell significantly from August a year ago when the rate was 11.7%. A total of 262,000 net new jobs were posted for the past 12 months, according to a survey of businesses.
California had the third-highest unemployment rate in the nation in September at 10.2%, behind Nevada at 11.8% and Rhode Island at 10.5%.
ALSO:Initial jobless claims jump
California jobless rate falls to 10.6%
Inland Empire’s economy will brighten slowly
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.