California’s unemployment rate dips
California’s unemployment rate dipped below 12% in September, and nearly 12,000 new jobs were created.
The jobless rate fell to 11.9%, from 12.1% in August, and was the best performance since June.
“I’d say it’s a good gain in jobs, better than what we’ve been getting,” said Howard Roth, the chief economist with the state Department of Finance.
-- Marc Lifsher, Los Angeles Times
Photo: Job searchers flip through listings at the Verdugo Jobs Center. Credit: File photo