Job postings in California are falling. The number of job losers is still increasing in California, and layoffs are not done

California’s unemployment rate is higher than last year and continuing claims for California are close to where they were last year.

There are four things that I see in California that shows me the labor market is not improving.

First, the exhaustion rate remains very high… pic.twitter.com/aGRHeBVjuj

— WarnTracker 2.0 (@j77324) November 30, 2024

The number of job losers is still increasing in California, and layoffs are not done pic.twitter.com/OybmW7tQaE

— WarnTracker 2.0 (@j77324) November 30, 2024