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**Arbinknit** · 03-25-2011, 06:56 PM

LA Times: http://www.latimes.com/business/la-f...,3919526.story

In February, the Golden State added nearly 100,000 new jobs, the highest monthly increase since the current record system began in 1990, state officials said Friday. In January, the state reported a revised total of only 700 new jobs that were created.

The February unemployment rate dropped by two-tenths of a percentage point, to 12.2% from 12.4% in January, the California Economic Development Department reported.

The increase of 96,500 jobs was the largest month-over-month jump of any state in the nation, the government said. The number of new jobs created in February alone was almost as high as the total created for the previous 11 months, 99,800, the EDD said.

The biggest monthly gain was 39,900 in the professional and business services category, which includes high-tech employment, the EDD said. Only one category of the 11 surveyed — government —lost jobs, with 1,200 disappearing last month.

03-25-2011, 06:56 PM	#1
Arbinknit Join Date Oct 2005 Posts 458 Senior Member	CA economy on the mend: Nearly 100,000 new jobs added in February LA Times: http://www.latimes.com/business/la-f...,3919526.story In February, the Golden State added nearly 100,000 new jobs, the highest monthly increase since the current record system began in 1990, state officials said Friday. In January, the state reported a revised total of only 700 new jobs that were created. The February unemployment rate dropped by two-tenths of a percentage point, to 12.2% from 12.4% in January, the California Economic Development Department reported. The increase of 96,500 jobs was the largest month-over-month jump of any state in the nation, the government said. The number of new jobs created in February alone was almost as high as the total created for the previous 11 months, 99,800, the EDD said. The biggest monthly gain was 39,900 in the professional and business services category, which includes high-tech employment, the EDD said. Only one category of the 11 surveyed — government —lost jobs, with 1,200 disappearing last month.
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