Labor Market Report for November 2024
The California Labor Market Information Division has released its November 2024 report, showing no change to the unemployment rate, steady month-over-month at 4.9% and nearly unchanged year-over-year, though up a tick from 4.8% in November 2023.
For those who follow this report, apologies, we’ve been busy a bit and skipped last month. That noted, for this month, we’re providing only a brief summary, including a bit of a look back, over the five-year period to November 2019, to what was then just a couple of months short of the onset of pandemic. Next month we’ll have the full calendar year 2024 to look at and will make some observations accordingly.
