California Unemployment Rate Falls To 10.7 Percent
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SACRAMENTO, Calif. (AP) — California’s unemployment rate fell slightly in June to 10.7 percent, as the state added 38,300 jobs.
The Employment Development Department released the latest jobs figure on Friday. It marked a slight drop from May, when unemployment was at 10.8 percent.
State officials say trade, transportation and utilities posted the largest job increases since May.
The U.S. unemployment rate remained at 8.2 percent in June. California’s decline is a dramatic drop from a year ago, when unemployment in the state was 11.9 percent.
Nearly 1.8 million Californians remain unemployed.
(Copyright 2012 by The Associated Press. All Rights Reserved.)