Labor Market Report for April 2024
The California Labor Market Information Division released its April 2024 report on May 17 showing a strong monthly improvement in the unemployment rate—down from 4.6% in March to 4.2% in April—though nearly all of that improvement appears to be owing to a drop in the labor force by 4,200 workers and by a gain of 2,600 jobs in Farm. Aside from the Farm sector, the County’s net gain of jobs was only 300, making April a very slow month overall for hiring.