The most recent labor report shows California added 66,000 jobs last month. The biggest gains were in the leisure and hospitality industry. The unemployment rate also dropped below ten-percent for the first time since March. But experts say the gains may not last long with new restrictions on businesses including a 10:00 p.m. curfew.
California Labor Secretary Julie Su said newly reported COVID cases are a reminder "how our economy is tied to the ongoing public health crisis."
The unemployment rate in the Sacramento region 7.6 percent in October 2020, down from a revised 8.7 percent in September 2020, and above the year-ago estimate of 3.3 percent. That compares with an unadjusted unemployment rate of 9.0 percent for California and 6.6 percent for the nation during the same period. The unemployment rate was 6.4 percent in El Dorado County, 6.0 percent in Placer County, 8.4 percent in Sacramento County, and 6.2 percent in Yolo County.