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unemployment rate was 9.4% in December 2010, down 0.5 percentage points from a year ago, but five
<br />percentage points (5.0) higher than its pre- recession low of 4.4% in May 2007.
<br />Change in California Total Nonfarm and Industry Sector Jobs: July 2007 - December 2009
<br />(Seasonally Adjusted Data)
<br />Chancle in Jobs
<br />July 2.007 December 2009 plumber Percent
<br />Total Horfarm Employn•ent
<br />15,202,600
<br />13,809,600
<br />- 1,391000
<br />-9_2%
<br />Mining and Logging
<br />26,800
<br />24,100
<br />- 2,700
<br />- 10.1%
<br />Construction
<br />898,400
<br />568.500
<br />- 329,900
<br />-36.7%
<br />Pdanufacturing
<br />1,4638,400
<br />1,231.200
<br />- 237,200
<br />-16.2%
<br />Wholesale Trade
<br />718,200
<br />62:4.100
<br />- 94,100
<br />- 13.1%
<br />Retail Trade
<br />1,690.400
<br />1,484,600
<br />205.800
<br />- 12.2%
<br />Transportation. Warehousing & Utilities
<br />511.200
<br />464,800
<br />46,400
<br />-9.1 0
<br />Inforn-iation
<br />471,400
<br />449,500
<br />-21,900
<br />4.6%
<br />Financial Activities
<br />905.200
<br />782.600
<br />- 122,700
<br />- 13.6%
<br />Professional & Business Services
<br />2,266,300
<br />2,018,800
<br />- 247,500
<br />- 10.936
<br />EdUC2tional & Health Services
<br />1,676,700
<br />1,747.200
<br />70,500
<br />42%
<br />Leisure & Hospitality
<br />1,562,200
<br />1.476,200
<br />-86,000
<br />-6.5310
<br />Other Services
<br />512,700
<br />467,300
<br />- 45,400
<br />-8.9%
<br />Government
<br />2,494,700
<br />2,470,800
<br />- 23,900
<br />-1..0%
<br />Civilian employment in California fell by 25,000 in December 2010 to 15,946,000 persons. Although
<br />civilian employment was up 78,000 or 0.5% on a year -over basis, there were 1,126,000 fewer employed
<br />Californians in December 2010 than there were at the January 2008 peak. There were 2,269,000
<br />unemployed Californians in December 2010, up 35,000 persons (1.6 %) from December 2009. However,
<br />there were 1,412,000 more unemployed Californians in December 2010 than there were at the pre -
<br />recession low in October 2006, for an increase of 165%
<br />In December 2006, or before the recession began, California's unemployment rate was just four
<br />tenths of a percentage point (0.4) higher than the national rate. This gap widened over the course of
<br />the recession. In December 2009, the state's 12.4% unemployment rate was 2,4 percentage points
<br />higher than the national rate of 9.9% (see graph on page 3). In December 2010, California's 12.5%
<br />unemployment rate was 3.1 percentage points higher than the national rate of 9.4% California
<br />unemployment remains elevated and the gap between the state and national rates may be widening.
<br />High, intractable unemployment in the country's most populous state is a vestige of.the worst
<br />economic decline since the Great Depression and a persistent national emergency. California's
<br />extended recession began in its overheated housing sector, spread from there to the financial sector
<br />and consumer economy, and then into the rest of the economy. A large downturn in foreign trade
<br />related to the worldwide recession contributed significantly to the State's economic woes. From the
<br />peak in July 2007 through December 2009, California non -farm employment plummeted by 1,393,000
<br />4
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