California employers added 60,200 jobs in March as the number of unemployed people in the nation's most populous state dipped below 1 million for the first time since the start of the pandemic.
SACRAMENTO — California employers added 60,200 jobs in March as the number of unemployed people in the nation’s most populous state dipped below 1 million for the first time since the start of the pandemic.
“Today’s report is more good news for California’s continued economic recovery, representing thousands of new opportunities for workers throughout the state,” Newsom said. “Everyone else is going to say this is a great job report, and it is strong. But I think it’s important to recognize in part what it’s built on, and that bill is going to come due,” said Michael Bernick, a former director of the Employment Development Department who closely monitors California’s labor market as an attorney with the law firm Duane Morris.
“Despite the healthy March report, the main problem remains labor shortages. Some workers are in no hurry to return to work,” Sung Won Sohn, a professor of economics at Loyola Marymount University, wrote in an email analyzing the new jobs numbers. “The pandemic has also caused a Great Migration from metro areas to the suburbs and the countryside. In the process, the link between jobs and where they live have weakened contributing to the relatively low labor participation rate.
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