(Getty Images) A sign with the logo of Facebook app owner Meta Platforms in the vicinity of the tech titan’s Menlo Park headquarters.
California produced sturdy job gains in January, a welcome increase that suggests the state has — so far — been able to withstand the effects of a dreary drumbeat of tech and biotech layoffs, a new report released Friday shows.
Statewide, employers added 96,700 nonfarm payroll jobs in January, starting off 2023 on a promising note.
The unemployment rate in California increased to 4.2% in January, up from 4.1% in December, the state Employment Development Department reported.
Gains in government