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CA Job Recovery Continues March Toward the Light

LOS ANGELES—The most recent report from the state Employment Development Department, released at the end of March, showed that California added 4,000 jobs to its non-farm employment base in February, after adding 1,500 positions in January. The numbers, says economist Christopher Thornberg of Beacon Economics here, show that the state's employment recovery is on pace, albeit a slow one.

By Natalie Dolce | Updated on December 21, 2012

LOS ANGELES—The most recent report from the state Employment Development Department, released at the end of March, showed that California added 4,000 jobs to its non-farm employment base in February, after adding 1,500 positions in January. The numbers, says economist Christopher Thornberg of Beacon Economics here, show that the state’s employment recovery is on pace, albeit a slow one.

Still, it’s a positive sign since the labor force expanded by 5,200 and the number of unemployed Californians declined by almost 7,000, explains Thornberg. Although the unemployment rate remained steady, the underlying drivers of the unemployment rate calculation all show signs of improvement, he says.

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