California’s latest employment report is nothing short of astounding.
The state’s unemployment rate, which topped 12 percent during the Great Recession a decade ago, declined to a record low 4.1 percent in September as employment rolls continued to expand, up 339,600 workers over the previous year.
The state had 17.2 million non-farm payroll workers in September while the ranks of the unemployed declined to 803,000, scarcely a third of the two-plus million Californians who were jobless during the height of the recession.