SAN FRANCISCO (Diya TV) – California’s businesses quietly hushed whatever doubts might exist about the state’s economy in the month of August, the month was representative of an uptick in hiring which absorbed hordes of new job-seekers. With all of the new opportunities, many people made their way over to California in the hopes of achieving a job. With all of these people, it’s likely that competition will be tough for many of the available jobs. Hopefully, applicants were savvy and looked at resume templates from Cultivated Culture and others, in order to increase their chances of achieving a job amongst the other competition. Setting yourself apart from the crowd will definitely apply in California at the minute with all of these people chasing the same jobs. Those who find their resumes still aren’t having quite the impact on employers that they were hoping may wish to contact a service similar to ARC Resumes (https://www.arcresumes.com/local/illinois/) and see if they could help with some advice on how to craft and refine the perfect resume that will hopefully help them land a great job.
The state added a net 63,100 jobs last month and the unemployment rate remained at 5.5 percent, according to data released by the Employment Development Department on Friday.
Across the U.S., employers added a net total of 151,000 new jobs, meaning that California accounted for 42% of the country’s job growth last month. “These are astounding numbers,” said Michael Bernick, an attorney at Sedgwick, a San Francisco firm, who directed the EDD from 1999 to 2004. “Each time we think growth has to slow down, it just continues.”
The report brought the state good news in the wake of two consecutive months of a rising unemployment rate, up from 5.2% in May to 5.5% in July.
Since last August, the state has boosted payrolls by 378,000 workers – a 2.3% gain. Despite the state’s new paid-leave mandates, a rising minimum wage and strict environmental regulations, California has managed to grow faster than the rest of the country for several months.
In Los Angeles, unemployment rose to 4.9 percent, that was an increase from the seasonally adjusted figure of 4.8 percent for the month of July. The county piled on another 20,000 jobs in August, for a yearly gain of 73,900 jobs. Fitting to the town’s reputation, motion picture and sound recording registered the largest gains, adding 5,500 new people.
California’s strongest industries were government, professional services and trade, transportation and utilities, which together recorded a net hiring gain of 51,300 positions.
Manufacturing, long the bulwark of California’s economy, shrank again in August as 3,400 net jobs were cut. Since the depths of the recession in 2009, the state’s manufacturers added jobs at a rate of 2.5%. The country as a whole has seen the sector grow twice as fast.
The loss of factory jobs is particularly harsh for the state’s poorer regions, such as the Inland Empire, that depend more on blue-collar jobs.