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California jobless rate steady at 7.6%, but experts say labor market picking up steam

California jobless rate steady at 7.6%, but experts say labor market picking up steam

(CN) — California’s unemployment rate remained at 7.6% in July, with employers adding 114,400 payroll jobs. That rate remains above the national 5.4% unemployment rate, according to numbers released Friday by the U.S. Bureau of Labor Statistics and the California Employment Development Department. July’s numbers mirror the state’s unemployment rate for June, which was initially […]