Federal data shows that the Golden State has lost the most jobs in the nation since the beginning of 2024.
According to the Federal Reserve of Economic Data, nearly 483,000 California residents lost their jobs in the first quarter of this year, which is about 30,000 more jobs than lost at the end of last year.
Meanwhile, the state’s unemployment rate remained unchanged at 5.3% in March. California currently has the highest unemployment rate in the country, followed by Nevada at 5.1% and Illinois, New Jersey and Washington, which are tied at 4.8%.
Over a million people are unemployed in California, including 325,000 in the Los Angeles-Long-Beach-Anaheim area, where the unemployment rate is 4.9%.
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