bobabode |
07-22-2016 01:37 PM |
'California Dreamin'
"Defying critics of the state’s new regulations, California continued to pad its hefty payrolls in June. Employers in the state added 40,300 jobs over the month, the state reported Friday.
But unemployment in the state increased to 5.4%, from 5.2% in May. The national unemployment rate also ticked up in June, rising to 4.9%, from 4.7% in May.
In the last 12 months, California added 461,100 jobs, growing at a rate of 2.9%, faster than the national rate of 1.7%.
A perennial target for critics, California’s economy has earned fresh criticism of late, thanks to the $15 minimum wage, new mandatory paid sick leave, and laws that increase liability for labor violations." LA Times
http://www.latimes.com/business/la-f...nap-story.html
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