Unemployment Holds Steady in April
California´s unemployment rate held steady in April at 6.7%, unchanged from a revised figure in March. The California Economic Development Department reported this morning that the rate is slightly higher than the 6.6% calculated for April 2002.
Jobs were lost in construction, manufacturing, trade, transportation and utilities, information, leisure and hospitality, and mining.
Manufacturing jobs, particularly in the durable goods and electronic sectors, saw the biggest decline: 68,100 fewer jobs over the last 12 months. But education and health services sectors generated 33,500 new jobs. Among unemployed Californians, more than 680,000 people were laid off from work, while 77,000 thousand left jobs voluntarily.