California unemployment rate dips to 7.2 percent

Dec 19, 2014 12:22 PM by News Staff

SACRAMENTO, Calif. (AP) - California added 90,100 payroll jobs in November as the state's unemployment rate dipped slightly, to 7.2 percent.

The state Employment Development Department figures released Friday show continuing improvement since the jobless rate hit a recession-era high of 12.4 percent in February 2010.

The jobless rate declined just slightly from 7.3 percent, where it had held steady in September and October.

The state was still above the national unemployment rate of 5.8 percent for November.

California has added more than 1.5 million nonfarm payroll jobs since the recession.

A year ago, the state's jobless rate stood at 8.4 percent, but it has added more than 344,000 jobs since then.

Unemployment claims were roughly the same, with 392,610 people receiving unemployment benefits. That was up slightly over October.

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