California's unemployment rate dips to 4.9%

The Associated Press

California's unemployment rate fell to 4.9 percent in October, down from 5.1 percent in September and 5.3 percent in October 2016.

The state Employment Development Department said Friday that employers added 31,700 nonfarm payroll jobs last month.

Money is a key issue to Ventura County residents.

Six of 11 industry sectors added most of those jobs, led by leisure and hospitality.

Nationally, unemployment rates fell to record lows in Alabama, Hawaii and Texas last month, and dropped in nine other U.S. states.

Employers added jobs in nine states in October, and cut them in three, the Labor Department said Friday.

Steady hiring has driven down unemployment in most states in the past year. Nationwide, the rate fell to 4.1 percent in October, a 17-year low. That is down from 4.8 percent a year earlier.

The jobless rate dropped to 3.6 percent in Alabama from 3.8 percent in the previous month. Hawaii's rate fell to 2.2 percent from 2.5 percent. And the rate in Texas declined to 3.9 from 4 percent. All three figures are the lowest on records dating back to 1976.

The biggest October gain was in Florida, which added 125,300 jobs as it recovered nearly all the jobs that it had lost in September due to Hurricane Irma. Texas added 71,500, which also reflected a bounce-back from Hurricane Harvey. And California gained 31,700.

The states with the biggest losses were Connecticut, with 6,600; Nebraska, also with 6,600; and South Dakota, with 2,400.