Private employers account for the vast majority (97.5 percent) of California's 1.2 million business establishments and employ 84.2 percent of the State's workforce. Federal, State and local government employ the remaining 15.8 percent of the State's workforce. The majority of these workers (11.3 percent) work for the local government which is comprised of city and county agencies.
As the population in Southern California grows, so does the need for more medical facilities. According to the Orange County Register, Kaiser Permanente will open a new hospital in South Orange County to accommodate future growth. The new hospital should open in the fall of 2007 and cost about $205 million. The facilities will provide approximately 600 to 800 additional jobs.
The Bay Area has become a national leader in telecommuting, according to the Contra Costa Times. More than 20 percent of Bay Area workers take advantage of telecommuting options, twice the national average of 10 percent, according to a study conducted by the University of Maryland for the Metropolitan Transportation Commission (MTC) and the National Technology Readiness Survey.
The professional and business services industries reported the largest gain over the year, up 50,600 jobs. The gains were primarily in the administrative and support and waste services sector (up 25,700 jobs) and the professional, scientific and technical services sector (up 22,700 jobs).
The largest decrease over the year was in manufacturing, which was down by 4,400 jobs. The losses were mainly in the durable goods sector (down 4,300 jobs), and primarily in computer and electronic products (down 2,100 jobs) and furniture and related products (down 1,800 jobs).
Occupational projections forecast Californias total employment to reach approximately 19 million by 2014. The occupational projections now include the total employment concept for each occupation or occupational category, and overall, for the ten-year forecast period, 2004-2014, California is expected to generate:
The pace of California's job growth in the first half of 2006 was considerably below the pace of growth in the last half of 2005 and recent years. Year-to-date in 2006, California has gained 56,300 jobs, for an average monthly gain of 8,900 jobs. In contrast, California gained 179,300 jobs in the last six months of 2005 and grew at an average monthly pace of 30,000 jobs a month. California gained an average of 24,000 jobs a month over the entire 2005 calendar year, and gained an average of 20,000 jobs a month during the 2004 calendar year.
The nation gained 121,000 jobs in June. California's share of this gain was 9.1 percent. California's year-over job growth continued to outpace the nation's in June 2006. Whereas California had year-over job growth of 1.6 percent, the nation had year-over job growth of 1.4 percent.
The population of California in July 2006 was estimated at 37,172,015 people.
Californias unemployment rate was 4.8 percent in July, down from 4.9 percent in June, the state Employment Development Department (EDD) reported today. A year ago, in July 2005, Californias unemployment rate was 5.3 percent.
According to EDDs survey of employers, nonfarm payroll employment in California increased by 900 jobs over the month, for a total of 14,983,700.
According to the separate survey of households, the number of Californians holding jobs in July was 16,916,000. This was an increase of 47,000 from June, and up 155,000 from the employment total in July of last year.
The number of people unemployed in California was 860,000 a decline of 15,000 over the month, and down by 72,000 compared with July of last year. Of the unemployed, 263,100 were laid off, 82,100 left their jobs voluntarily, and the remaining were either new entrants or reentrants into the labor market, or persons who completed temporary jobs.