http://www.latimes.com/business/la-fi-c ... story.html
California’s economic engine paused in June, as employers added a meager 800 new jobs. The unemployment rate held steady at a record low of 4.2%, according to data released Friday by the state’s Employment Development Department.
The June numbers represent a pullback from May, when the Golden State added 7,200 jobs. And the gains in May were much smaller than April, when employers boosted payrolls by nearly 26,000.
The slowdown could signal that California is simply reaching full employment. Employers are struggling to find workers. Or it could be a sign of sagging confidence among executives. A growing trade war with China, for example, has unnerved companies in California’s logistics industry and beyond.
Economists, however, cautioned against reading too much into one or two months of data.
Political debate. Welcome Yahoo Message Board exiles and everybody else !!
1 post • Page 1 of 1
☪ You can't be for the worker but against corporations/the wealthy at the same time.