By Dave Mason
The Center Square
Despite Gov. Gavin Newsom bragging about California being the world’s fourth-largest economy, the Golden State isn’t striking gold for jobs.
California continues to have the highest unemployment rate of any state and is among a handful of states with rates at 5% or higher, according to a review of statistics across the U.S. by The Center Square.
The national rate in August was 4.3%, up 0.1% from July, according to a new U.S. Bureau of Labor Statistics report.
Overall, 35 states ended August with rates below the national number and 13 states and the District of Columbia had rates higher than the national figure, according to Congress’ Joint Economic Committee’smonthly report. The panel got its numbers from the Bureau of Labor Statistics.
California’s ra