Unemployment and Layoffs

California gains 3,700 jobs in December, pushing unemployment down to 5.2%

California gains 3,700 jobs in December, pushing unemployment down to 5.2%

California employers capped off a solid year of job growth in 2016 by adding a net 3,700 jobs during the month of December, the Employment Development Department reported Friday. 

The unemployment rate was 5.2%, down from 5.3% in November. The national jobless rate was 5% in December. 

“An unemployment rate in the 5% range is what you see in California when it’s firing on all cylinders,” said Robert Kleinhenz, an economist at Beacon Economics, a Los Angeles-based consulting firm.

A rising minimum wage, as well as new labor laws mandating paid sick leave and increasing the liability for labor violations, have not prevented...

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