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California Gains Only 5,500 Jobs In May

Los Angeles Times


The California economy cooled somewhat in May as employers added just 5,500 net jobs, though the unemployment rate held steady at a record low of 4.2%, according to data released Friday by the state’s Employment Development Department.

The numbers reflect a slowdown from April, when the state added a downwardly revised 25,600 jobs.

Last month, employers added jobs in four of California’s 11 industry sectors.

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