California unemployment drops to 9.4%, lowest in more than 4 years [View all]

[mahatmakanejeeves]

Source: Los Angeles Times (based on BLS data)

By Shan Li
April 19, 2013, 7:59 a.m.

California's labor market picked up steam last month, according to figures released Friday, as the state's unemployment rate fell to 9.4% and employers added a net 25,500 jobs in March.

The March rate was the lowest in California since Dec. 2008, when 9.2% of the state's labor force was out of work.

Gains were mostly notched in the professional and business services sector and leisure and hospitality sector, according to data by the U.S. Bureau of Labor Statistics. February's unemployment rate was 9.6%.
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California has seen steady job growth for much of the last year. Year-over-year payroll growth was 2%, stronger than the U.S. as a whole.

Read more: http://www.latimes.com/business/money/la-fi-mo-california-jobs-unemployment-20130419,0,2972167.story

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Jobless rate down in 26 states, up in 7 in March; payroll jobs down in 26 states, up in 23

http://www.bls.gov/news.release/laus.nr0.htm

I'll post that too.