![]() But its unemployment rate, which is still more than double what it was in February 2020, is the third-highest in the country. The Golden State recovered nearly 91% of the jobs it lost in December and January, with leisure and hospitality gaining 102,200 jobs as restaurants and hotels reopened. Businesses to shoulder costsĬalifornia’s unemployment rate fell to a pandemic low of 8.5% in February, the Employment Development Department announced Friday - even as its jobless benefits fund sank deeper into the red, imperiling economic recovery.
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