California Sees The Lowest Unemployment Rate In Last Four Years

California, one of the largest economies in the world. A state which represents one-tenth of nation and the place where the rest of the country looks for emerging trends.

A visible growth in the employment rate can be seen from the recent data released by Bureau of Labour Statistics in April 2013. California’s unemployment rate of  9 percent is a drop from 9.4 percent in March. It surely is a delight to see a drop of about 1.7 percent compared to 10.7 percent in April 2012.

The BLS report said that, year-over-year there is a decline in the state’s jobless rate. With the construction industry is leading the hiring surge, about 7,400 jobs were added in April and 44,800 throughout 2012, indicating a renewed strength in the state housing market.

“This is definitely consistent with a pattern of economic recovery and that’s what is important,” said Loree Levy of the California Employment Development Department. “Over the year, our unemployment rate has come down by 1.7 percent so it’s definitely trending in the right direction” he continued.

The unemployment rate fell to the lowest in four years according to the state employment development report, but the cities in California are going bankrupt one after another due to collapsing housing prices, prolonged high unemployment rate. This is leading to a declining revenue affecting the economy.

Inland cities of California are the worse affected with high rate of unemployment and housing foreclosures — 14.1 percent in Stockton, 17.2 percent in Merced and a staggering 23.7 percent in El Centro. The Los Angeles metro area has unemployment rate of 9.9 percent.

“The cities of California are in extreme distress,” says Joel Kotkin, a professor of urban development at Chapman University in Orange, Calif., a frequent critic of California fiscal policies. “You’re going to have bankruptcies, It’s almost inevitable” he says.

Can Fracking Help Californian Cities Get Back On Its Feet?

California has been a source of crude oil since a long time. The discovery of Monterey Shale, the country’s largest oil shale. It stretches under a large part of Central California, but this oil can be harnessed only through hydraulic fracturing shortly known as fracking. Fracking is a petrochemical extraction technique.

Fracking has also been pushed to the forefront in California in recent years, following the release of a report suggesting that over 15 billion barrels of oil are contained in the Monterey Shale – a sedimentary rock formation resting under much of Central California that may be unlocked using fracking or other related techniques.

“There is a new interest in regulating fracking this [legislative] session because the people are demanding it,” explained Kristin Lynch, a director at the environmental organization Food and Water Watch. He also added, “You look at the sentiment of Californians about global warming and moving to renewable and you see how fracking is a hindrance to that.”

While this method of oil extraction has been accepted with arms wide open in other parts of the country like North Dakota. It has been extensively debated about in case of California and the environmental concerns associated with it.

California is blessed with a huge oil reserve and yet is unable to harness it. Being considerate toward the environment might seem to be taking this state to a cliff’s edge. With a steady decline in unemployment rates, job market seems to have gotten better but serious measures are required to help the cities heading towards bankruptcy.

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  1. I’m attemptiing to file my first weekly claim since my layoff, however, my PIN# is not correct. what do I do to get my correct PIN# , please?

  2. I have exhausted my unemployment benefits in Texas but my calendar year does not end until September. Do I have to wait until the calendar year is over in Texas, to apply for unemployment benefits in New York in which I have available quarters?

    1. Mattie,

      As much as I am aware, UI benefits are only a one-time cycle. Please call the Claims Center for clarification.

  3. Help ran out of unemployment benefits for the pass 8 years i have worked at Hexion speciality chemical plant in Brady Texas how can i get my benefits extended

    1. Roderick,

      The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

    1. Annette,

      You can visit the official website of the Unemployment Office and ‘login’ to check the claim status. Alternatively, you can also call the Claims Center.

      PS: It should not take 6 weeks to process the initial claim. Please chase at regular intervals.

    1. Jocelyn,

      Unemployment is offered to claimants who’re able and available for work. Please call the Unemployment Office to ascertain if you can apply.

  4. I have been working for the same company for the past 11 years. I started out cleaning apartments, then landscaping and finally Asst. Manager for the past seven years. However, the owner/ manager had us all sign papers claiming we were “Independent Contractors.” I worked Monday thru Friday from 8am – 5pm the entire 11 years. Obviously, in reality, we had Never been “Independent Contractors.”
    Finally, October 2018 we became employee’s. On May 10, 2019 he sold the business which puts us all out of work. I tried filing for unemployment, but, I don’t have enough quarters in. Assuming I’m still out of work, can I wait for the next quarter to end, thus giving me the 2 quarters I need or will it not make a difference.

    1. Lea,

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  5. I have been working as an hourly employee for the last 4 months. Currently the board of the nonprofit agency came to me and told me that I had to file a 1099 or go to part time or find a new job. I have a scheduled time that I report to work. What are the laws here in Florida about who can receive a 1099

  6. I am unemployed and currently going to a community college. How can I apply for federal assistance?

    1. Carol,

      If you’re able and available for full-time employment, you can directly go to the website of the Unemployment Office and apply.

  7. I have worked in AZ since March 2016. However, I moved lived and worked for my employer in CA since 08/02/1982. Can I apply for Cali unemployment benefits?

    1. Robert,

      You should be applying from the state where your employment was based. Employers generally remit unemployment taxes to the state where the employee is based.

      1. How long does it take Washington state unemployment to deposit your back pay after they receive the determination letter from OAH stating I won my appeal?

  8. I have been trying for over a month to file and I still do not seem to be able to do it, but I finally got to the correct place, I think.

  9. Cumberland NJ Unemployment Center kept me on hold for 2 hours; I finally had someone answer my call, after providing my information and question regarding the status of my NJ Unemployment Claim the representative disconnected my call.

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    1. How did you calculate the total weekly Illinois benefit of $1495? Also, why isn’t Washington and Minnesota listed in your top 5 states with the highest paid unemployment insurance compensation?

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