The healthy economic recovery in California doesn't appear to be slowing down.
Friday's newly-released data show California added about 30,000 jobs in April – about 10,000 less than March but still respectable. And the state’s unemployment rate dropped another two-tenths of a percent, to 6.3 percent.
“Overall, I would say the economy is firing on all cylinders,” says Chapman University economist Esmael Adibi.
The California job market is growing at a much faster pace than the nation as a whole. The state added 20 percent of all American jobs in April, despite representing only about 13 percent of the national economy.
“And more importantly,“ Adibi says, “is it is a very broad-based, healthy job creation” because every major sector of California’s economy is showing growth.
That includes industries that have struggled in recent years, like manufacturing and construction.
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