California unemployment rate drops to 7.4 percent

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 7/18 11:27 am

SACRAMENTO, Calif. (AP) — California's unemployment rate continues to fall, reaching 7.4 percent in June.

The state Employment Development Department said Friday that California gained 24,200 jobs during the month. It's the lowest rate in six years. The last time the unemployment rate fell below 7.4 percent was in July 2008.

Education and health services posted the largest increases, adding a total of 12,200 jobs for the month, while construction posted the biggest loss, with 9,500 fewer jobs.

California's jobless rate remains above the national average of 6.1 percent.

A federal survey of households shows that more than 300,000 jobs have been added since last June, although about 1.4 million people remain unemployed.

Unemployment figures also do not include people who have stopped looking for work.

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2014 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.