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Author Topic: California job openings down annualized 30%, 2nd-worst state for unemployment  (Read 1148 times)

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Offline rangerrebew

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California job openings down annualized 30%, 2nd-worst state for unemployment
« on: October 23, 2024, 07:03:07 am »

California job openings down annualized 30%, 2nd-worst state for unemployment
Story by Kenneth Schrupp • 14h


(The Center Square) - According to new federal data, California job openings are down approximately 30% year-over-year, while the unemployment rate is stable at 5.3% — the nation’s second worst state unemployment rate.

California job openings declined from 920,000 in August 2023 to 641,000 this August. The unemployment rate is up slightly year-over-year, at a preliminary 5.3% for September 2024, compared to 5.0% in September 2023. California unemployment is only eclipsed at the state level by that of Nevada, where the unemployment rate is 5.6%.
 
“Our small-business-owning members have been telling us for many months that finding qualified employees has been a top problem for them, muscled out lately only by inflation,” said National Federation of Independent Business California Director John Kabateck to The Center Square. “Some of the decline in job openings can be attributed to them just giving up.”

Earlier this year, the state government announced California private sector employment has been declining since 2022, with public sector hiring accounting for the entire state net increase in jobs.

https://www.msn.com/en-us/money/smallbusiness/california-job-openings-down-annualized-30-2nd-worst-state-for-unemployment/ar-AA1sJDWx?ocid=msedgdhp&pc=HCTS&cvid=cd8144919c28466bbbd9c3547b6560df&ei=100
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Offline rangerrebew

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Re: California job openings down annualized 30%, 2nd-worst state for unemployment
« Reply #1 on: October 23, 2024, 07:03:50 am »
Does Mejifornia count illegals moving in as "tourists?" :whistle:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline Fishrrman

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Re: California job openings down annualized 30%, 2nd-worst state for unemployment
« Reply #2 on: October 23, 2024, 06:01:13 pm »
OK, just have to ask:
If California is "the second worst state", then which is the absolute worst ???
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Offline IsailedawayfromFR

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Re: California job openings down annualized 30%, 2nd-worst state for unemployment
« Reply #3 on: October 23, 2024, 06:46:08 pm »
Quote from: Fishrrman on October 23, 2024, 06:01:13 pm
OK, just have to ask:
If California is "the second worst state", then which is the absolute worst ???
Likely New York is I had to guess.
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Offline Kamaji

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Re: California job openings down annualized 30%, 2nd-worst state for unemployment
« Reply #4 on: October 23, 2024, 06:47:56 pm »
Quote from: Fishrrman on October 23, 2024, 06:01:13 pm
OK, just have to ask:
If California is "the second worst state", then which is the absolute worst ???

For unemployment rate?  Nevada, at least according to the article itself.  5.6% as compared to Commiefornia's 5.3%.
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