Golden Gate Media

California Adds 14,700 Jobs in September, Continues Superb Economic Growth, Newsom touts

2 hours ago

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SACRAMENTO – California created 14,700 new jobs in September, marking the 53rd consecutive month of job gains. The state has averaged 16,500 new jobs per month in 2024, with an annual growth rate of 1.1%, outpacing last year’s average of 12,900 jobs per month. The unemployment rate remains steady at 5.3%.

A new report highlights California’s economic dominance, with a GDP of $3.9 trillion in 2023, ranking 5th globally. The state leads in sectors like technology, agriculture, and exports, while housing more Fortune 500 companies than any other state. Governor Gavin Newsom credited the state’s workers and innovators for driving this sustained growth.

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Sandra Logan

26m ago

Newsom is a LIAR he has driven corporations and businesses out of the state unemployment rate is the third highest in the country tech industry is laying off workers and or letting higher wages go and replacing them with lower pay workers. His government jobs he created that is paid by taxpayers are laying off also. He doesn’t acknowledge that foreclosures are up and people can’t afford to buy a home or rent. We have the highest prices on food gas and electricity but the economy according to him is good. He has to know that he is lying

Justo Calderon

38m ago

people are still getting laid off !

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