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California’s October 2015 Unemployment Rate Decreases to 5.8 Percent – Nonfarm
Counties with the lowest unemployment rates are: Shelby County at 4.0%, Lee County at 4.5%, and Elmore and Cullman Counties at 4.8%.
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The San Joaquin County unemployment rate climbed to 8.1 percent from last month’s 7.4 percent.
Amarillo had the lowest statewide unemployment rate during October at 3.2 percent.
California’s seasonally adjusted unemployment rate declined slightly to 5.8 percent in October from 5.9 percent in September. The number of people unemployed in California was 1,095,000 – down by 26,000 over the month, and down by 271,000 compared with October of a year ago.
Since last month, Kansas gained 2,700 seasonally adjusted private sector jobs, or 0.2 percent. It’s below the year-earlier reading of 5.2%.
Private sector employment is 12,800 jobs above peak levels recorded in March 2000. Jobs in trade, transportation, and utilities rose 1,100. For the last three years, California has added jobs at a rate faster than all but five other states. The 4-week unemployment claims moving average was 270,750 claims which is a increase of 3,000 claims over the 4 week average.
Over the year, the state unemployment rate is down six-tenths of a percentage point from 4.4 percent and is at its lowest level since August 2007. Losses were reported in both durable goods (-2,300) and nondurable goods (-1,600) manufacturing.
According to the Associated Press, October’s jobs report showed USA hiring swelled in October by the largest amount all year.
For the week ending November 7, 2015 the states that had the largest weekly increases for initial claims were New Jersey (+2,963) with Pennsylvania following (+2,840). According to KVUE news partner the Austin American-Statesman, payrolls in Central Texas have jumped 3.5 percent since October 2014, a gain of roughly 32,000 new jobs.
The October unemployment numbers for the Triangle and other localities across the state are scheduled to be released December 7.
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“The state’s unemployment rate continues to improve, falling to 4.1 percent in October”, said Kansas Secretary of Labor, Lana Gordon.