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California adds 90,100 jobs; unemployment rate drops to 7.2%
California adds 90,100 jobs; unemployment rate drops to 7.2%

California employers added more than 90,000 jobs in November, one of state's largest monthly employment gains in more than a decade, according to federal data. The state unemployment rate dropped to 7.2%, down from 7.3% last month. That's still significantly higher than the U.S. jobless rate of 5.8%, but is down from 8.4% a year ago. The drop in the unemployment rate happened as nearly 65,000 more workers entered the state's labor force, signaling that employment is keeping up with a growing number of job seekers. Employers across all major California sectors added jobs last month, according to the U.S. Bureau of Labor Statistics, with the biggest gains coming in...

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