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California’s unemployment rate dropped to 8.2% in November, falling for the sixth month in a row since reaching an all-time high of 16.4% in April and May. But the state only added 57,100 jobs in November, down from 145,500 gained in October.
Experts said the falling unemployment rate is mostly because so many people have stopped looking for work. Since November of last year, nearly 600,000 people have ended their search more than half of them in November, according to data released Friday by the state Employment Development Department.
The numbers likely represent parents staying home to care for children, people going back to school to learn new skills, and others frustrated with the lack of available jobs, said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University.
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By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. EDD benefit fraud raids in Manteca
Multiple households in Manteca were raided on Tuesday morning by investigators from a multijurisdictional team aimed at stamping out unemployment fraud in San Joaquin County.
According to the San Joaquin County District Attorney’s office, the investigation began after fraud was uncovered by the San Joaquin County Sheriff’s Department which jumpstarted the effort that culminated with multiple search warrants being served on Tuesday.
The team that served the warrants in multiple locations – including two in Manteca – included representatives from the San Joaquin County Sheriff’s Office and the Manteca and Stockton Police Departments, investigators from the California Department of Corrections and Rehabilitation, and fraud investigators from the California Employment Deve
Pessimistic Californians + Group calls for progressive Senate pick + Unemployment woes [The Sacramento Bee]
Dec. 14 Good morning, and happy Monday.
CHILDREN WILL BE WORSE OFF, CALIFORNIANS BELIEVE
Californians are pessimistic about their children’s financial prospects, according to a new survey from the Public Policy Institute of California.
More than six in ten Californians, 63%, believe that when today’s children grow up they will be financially worse off than their parents, while just over a third, 35%, believe children will be better off.
That outlook holds true across race and ethnicity, with 76% of whites, 67% of Asian Americans, 62% of African Americans and 47% of Latinos believing children will be worse off. It also holds across income groups.
Mike Hodgson
Unemployment dropped to 6.3% in October from its peak of 13.9% in April, but it still hasnât reached the low of 4.6% reported in February just before the pandemic hit, according to the California Employment Development Department.
Two sectors have fully recovered, and one even added more jobs from April to October than it lost from February through April, according to EDD statistics, but most sectors are looking at recovery rates of 50% or less.
The construction industry lost 800 jobs from February through April, but from April to October it added 1,600 jobs. During the same time periods, the mining and logging industry lost 100 jobs but recovered all 100 of those.
Amid all the changing laws, ordinances, regulations, and executive orders related to COVID-19, it is easy to overlook some of the other important leave and benefit changes enacted by.