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32,500 More Jobs in California, Unemployment Still Nudges Up
California's unemployment rate increased from 12.3% in January to 12.5% last month, a bit higher than the national 9.7% rate, but 32,500 jobs were added to the payrolls in January, reported the LA Times. Some believe we're nearing the peak of unemployment, which means more jobs could be coming available in coming months. "The construction sector added 16,200 jobs, manufacturing added 8,900, and education and health services added 7,100," said the paper. "Only three categories (information, financial activities, and professional and business services) lost jobs."