California adds jobs in July, unemployment rate falls ... as economy grows

SF Gate.com ^ | August 20, 2005 | George Raine

[bayourod]

California's employment picture brightened significantly in July as the state added tens of thousands of jobs and the unemployment rate dropped.

The state's jobless rate was 5.1 percent in July, ... The July jobless rate was the lowest since May 2001, when it was also 5.1 percent. In July 2004, California's unemployment rate was 6.2 percent.

The agency's survey of employers showed that nonfarm payroll employment in California grew by 29,900 jobs from the previous month, for a total of 14, 783,400.

"That looks quite nice,'' Nancy Sidhu, senior economist at the Los Angeles County Economic Development Corp., said Friday about the state agency's numbers. "Across most of the state, even where the rates are higher than in the coastal counties, you find unemployment is falling as the economy is growing very nicely.''

[bayourod]

5.1% unemployment is now considered to be full employment. Without more labor the California economy can't expand.

California's labor market is so tight on the sea ports that shipping compaines from the far east are switching to the port of Houston.

And California produce is rotting in the fields for lack of employees to harvest it.

[CROSSHIGHWAYMAN]

Arnold's fault or GWB's?

[raybbr]

"The rod" says: "Without more labor the California economy can't expand."

"That looks quite nice,'' Nancy Sidhu, senior economist at the Los Angeles County Economic Development Corp., said Friday about the state agency's numbers. "Across most of the state, even where the rates are higher than in the coastal counties, you find unemployment is falling as the economy is growing very nicely.''

Rod, can you please read what you about to post before you do?

[Cobra64]

Rod, can you please read what you about to post before you do?

Lemme axe you a question. Eubonics grammar witcha?

[raybbr]

Lemme axe you a question. Eubonics grammar witcha?

Hah! I got caught.

Proofreading is my friend. Proofreading is my friend. Proofreading is my friend. Proofreading is my friend. Proofreading is my friend. Proofreading is my friend.

[moehoward]

"Chronic high rates persist in several rural counties --"

Chronic in rural counties.....................hhhmmmmmmmm. How come. /s

[DumpsterDiver]

Here'e a list of the jobs (with my comments).

The agency said that there were job gains in these industries during July: construction [illegal aliens]; trade [illegal drugs], transportation and utilities; information [the L.A. Times, no doubt]; financial activities [home loans to illegals and wiring money back to Mexico], professional [immigration lawyers] and business services [taco carts & roach coaches]; educational [bilingual assistants] and health services [translators]; leisure and hospitality [illegal aliens]; other services [immigrant advocates & professional protestors]; and government [morons and leeches]. There were declines in two categories, natural resources [are they disappearing?], and mining and manufacturing.

[Cobra64]

Gladd you dint take it perskonally. LOL

[moehoward]

LOL!!

Funny, when I read these stories, my mind automatically reads it just how you posted it.