California unemployment falls to 8.7 percent - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

California unemployment falls to 8.7 percent

Posted: Updated:

SAN DIEGO (AP) — California's unemployment rate fell to 8.7 percent in September and was unchanged in October, following two straight monthly increases.

The California Employment Development Department said Friday that the state added nearly 40,000 nonfarm jobs in October. Gains were broad, with the construction, leisure and hospitality and other sectors expanding payrolls. Government led the way with more than 12,000 new jobs.

Only two of 11 sectors shrank during October — manufacturing and finance.

Release of September data was delayed by a month due to the federal government shutdown.

The unemployment rate fell from 8.9 percent in August. The state lost nearly 3,000 jobs in September.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly
All content © Copyright 2000 - 2018 KFMB-TV. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.