LMI e-Newsletter - April 21, 2017 Edition
Labor Force and Industry Employment Data for March 2017
California's seasonally adjusted unemployment rate was 4.9 percent in March, down 0.1 percentage point from February, and down 0.7 percentage point from one year ago. In comparison, the U.S. unemployment rate was 4.5 percent in March, down 0.2 from February, and down 0.5 percentage point from one year ago.
In California there were 16,694,000 jobs in total nonfarm industries in March, a gain of 19,300 jobs from last month. This follows a revised 21,500-job gain in February and a 15,300-job gain in January.
Within nonfarm industries, six sectors saw month-over job gains and five sectors saw job declines.
The sectors with increased employment in March were:
- Construction (18,900)
- Government (6,300)
- Leisure & Hospitality (4,700)
- Educational & Health Services (4,300)
- Manufacturing (1,700)
- Other Services (1,300)
Sector that lost jobs in March were:
- Information (9,400)
- Trade, Transportation & Utilities (4,200)
- Financial Activities (2,900)
- Professional & Business Services (1,300)
- Mining & lodging (100)
The lowest unemployment rate among California counties in March was 2.7 percent in San Mateo County. Seven other counties had rates below 4.0 percent in March: Marin (3.0); San Francisco (3.0 percent); Santa Clara (3.4 percent); Sonoma (3.6 percent); Orange (3.7 percent); San Luis Obispo (3.8 percent); and Alameda (3.9 percent). The highest unemployment rate in March was 21.8 percent in Colusa County. The comparable, not seasonally adjusted California rate was 5.1 percent in March.
The next monthly data release will be May 19, 2017.
Help Wanted OnLine™ (HWOL) Data Series for March 2017
Nationwide, online job advertisements increased 2.2 percent in March 2017 compared to February 2017 levels. California had an increase of 3.2 percent in job advertisements from February 2017 to March 2017. The supply and demand rate was two to one in both the United States and California.
Note - (The supply and demand rate is defined as the number of unemployed individuals for every job advertisement. A lower supply and demand rate indicates that there are a fewer number of unemployed workers for every online advertisement.)
About the LMI e-Newsletter
The monthly "LMI e-Newsletter" makes it easy to stay up-to-date with the latest California Labor Market Information. It contains the latest news about additions to the EDD/LMI website, new product and data releases, and announcements of special events. The "LMI e-Newsletter" will be released on the same schedule as the monthly data release.