Vol. 1, No. 4, Published August 6, 2015
California Job Tracker: August 2015
By Lynn Reaser
A total of 21 out of 29 California�s metropolitan areas have now totally recovered all of the jobs lost during the Recession and exceeded the pre-Recession employment peaks, according to the latest data for June 2015. (See Figures 16 and 17.) These 21 metropolitan statistical areas (MSAs) or their metropolitan district (MD) counterparts represent 88 percent of California�s non-rural base and 85 percent of total employment in California.
Sources: California Employment Development Department, Labor Market Information; Fermanian Business and Economic Institute
(Nonfarm Employment, Seasonally Adjusted)
*Numbers for the San Francisco-Redwood City-South San Francisco Metropolitan District and San Rafael Metropolitan District are not seasonally adjusted.
Sources: U.S. Bureau of Labor Statistics, California Employment Development Department, Fermanian Business and Economic Institute
See raw data: Employment numbers by region.
Lynn Reaser is chief of the Treasurer’s Council of Economic Advisors and chief economist at the Fermanian Business and Economic Institute for Point Loma Nazarene University. The opinions in this article are presented in the spirit of spurring discussion and reflect those of the author and not necessarily the Treasurer, his office or the State of California.