California News

California Added 558K Jobs Before Closing Back Down

CBS Bay Area-

California added a record 558,000 jobs in June as many more businesses reopened but the gains announced Friday by the state are expected to be short-lived because of new closures put into effect in July as the coronavirus surged.

The unemployment rate fell to 14.9%, a staggeringly high figure that remains above the level reached at the height of the Great Recession a decade ago. But It’s a marked improvement from the record 16.4% in April and May.

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