California News Southern California

California Loses 7,200 Jobs In March

Los Angeles Times

California lost 7,200 net jobs in March, although the unemployment rate held steady from a month earlier at a record low of 4.3%, according to data released Friday by the state’s Employment Development Department.

Job gains for February also were revised sharply downward — the state gained only 1,200 jobs that month, not the initially estimated 14,000, the EDD said.

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