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With a record 138,100 jobs in February, the most jobs added since July of last year, the state’s unemployment rate fell to 5.4%California has added 1.3 million jobs since the start of last year
March 28, 2022 – SACRAMENTO – Governor Gavin Newsom released the following statement regarding last Friday’s jobs report, showing California added 20.4% of the nation’s jobs in February while reducing the unemployment rate:“These latest numbers show that California continues to drive job growth in our country,” said Governor Newsom. “We do this by promoting more pathways to opportunity and embracing the diversity, creativity, innovation and determination that breed success – building a California for all.”
- California’s 138,100 new jobs in February far surpassed all other states, and it was 60,300 jobs more than the closest state of Texas and 87,100 jobs more than Florida.
- California has now recovered 87.2% (2,405,900) of the 2,758,900 non-farm jobs lost in March and April 2020 due to the COVID-19 pandemic.
- Of the 678,000 jobs the country created in February, California accounted for 20.4%. The state’s annual job growth of 6.8% also topped the national rate of 4.6%.
- California has seen monthly gains in nonfarm payrolls in 12 of the past 13 months, with an average of about 101,700 jobs gained per month over that period.
- Since January 2021, California has created more than 1.3 million jobs.
Source: Governor’s Office
Related: California Unemployment Falls to 5.4% in Feb 2022 – Leisure and Hospitality Showed Largest Increase with 30,400 Jobs Added