The latest California employment numbers are out, and on the surface, July’s 38,000 job gain looks great. But as Ben Adler reports from Sacramento, a troubling trend in today’s report calls that gain into question.
The 38,000 job increase is the state’s largest monthly gain this year. It’s also nearly a quarter of the nation’s total job growth in July. But citing a flawed seasonal adjustment in teacher jobs, the state is revising June’s 30,000 job gain down to 12,500, and May’s 17,000 increase down to 9,500.