california unemployment rate june 2020

California’s unemployment rate dropped to 14.9% in June, according to state data released Friday.Opera singer Aryeh Nussbaum Cohen, shown here at his San Francisco home, has considered singing in Europe, but worries that he might catch the virus en route.Opera singer Aryeh Nussbaum Cohen practices at his San Francisco home on Monday. California unemployment rate drops in June, but optimism is scantShow full articles without "Continue Reading" button for {0} hours. The unemployment rate was 13.8 percent in San Benito County, and … July 18, 2020 - SACRAMENTO – California’s unemployment rate improved to 14.9 percent in June as the state’s employers added a record 558,200 jobs …

The unemployment rate is expected to have hit nearly 20%, with 20.5 million jobs lost in April and millions more expected in May data, which will be released at 8:30 a.m.

The unemployment rate in the San Jose-Sunnyvale-Santa Clara MSA was 10.8 percent in June 2020, down from a revised 11.3 percent in May 2020, and above the year-ago estimate of 2.7 percent. This compares with an unadjusted unemployment rate of 15.1 percent for California and 11.2 percent for the nation during the same period. The unemployment rate in California peaked in April 2020 at 16.4% and is now 1.5 percentage points lower.

The legions of unemployed are also facing a financial cliff when $600 weekly federal unemployment payments run dry at the end of the month.California added over a half a million jobs in June, the most of any state, after adding 141,600 jobs in May when the state began to emerge from an economic slumber that accompanied a record loss of 2.4 million positions in April.The increase in hiring in the state is “likely the largest monthly gain since World War II,” according to an email from Michael Bernick, an attorney with Duane Morris who previously ran the state’s Employment Development Department.In San Francisco, the unemployment rate stood almost unchanged at 12.5% in June after the city registered a 12.6% jobless rate in May.With daily cases of the coronavirus on the rise in most California counties and economic activity again curtailed for some businesses, the June snapshot of a state in economic recovery mode is likely marred by the stop and start nature of the reset, according to Robert Eyler, an economics professor at Sonoma State University and director of the school’s Center for Regional Economic Analysis.“Because the (virus) cases have gone up and things have gotten more restrictive, how germane those data are to today's reality are really about how much we’ve gotten off the bottom,” Eyler said.He said hopefully there has been decent growth in major sectors of the state economy that are still open, like construction, manufacturing, and professional services, and “that can pull the entire economy behind it.”Industries like tech will also likely help propel the economy, as many employees work from home and continue to make purchases, Eyler said.But the reopening reversal will harm sectors like tourism, a major regional economic pillar.The construction industry added more than 26,000 jobs from May to June, while manufacturing and professional services added 23,400 and 30,400 jobs respectively, according to the Employment Development Department.The agency said nine of California’s 11 major industries added jobs last month, with leisure and hospitality leading with almost 300,000 jobs added “due to growth in accommodation and food services, which benefited from statewide re-openings of bars and dine-in restaurants.” The sector brought back more than a third of the jobs lost in March and April, the agency said.Many of those brought back on payrolls likely benefited from emergency forgivable government loans to companies through the federal Paycheck Protection Program designed to allow businesses to keep money flowing to workers during the pandemic.Despite the June gains, the overall picture still reflects the unraveling of decades of economic growth.The state is currently experiencing its worst levels of joblessness in roughly two decades, and the statewide unemployment picture seems to hail from an alternate universe compared with the record low February rate of 3.9%.California did see job gains across all major industries in May, with the exception of the information sector, which shed over 6,000 positions, and government, which lost more than 95,000.
Luckily a friend was able to translate for him and he began receiving benefits after clearing further hurdles.Nussbaum said he has considered plying his trade in Europe, where some concerts have resumed, but he fears catching the virus in transit.“Us singers who depend on our lungs for our livelihood are being very careful we don’t catch the virus,” he said.Continuing unemployment claims — those carrying over week to week — are trending down despite remaining historically high, according to Sean Randolph, an economist and senior director at the Bay Area Council Economic Institute.“Some businesses are closing or shutting down indefinitely,” Randolph said. One out of five workers now out of work while number of EDD claims slow down.

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“To the extent the economy has not reopened as planned … the economic damage starts to compound again.”Chase DiFeliciantonio is a San Francisco Chronicle staff writer. It is unclear how many of those are temporary furloughs and how many are permanent cuts.Nationwide, an additional 1.3 million Americans filed for unemployment last week, the 17th week in a row that more than 1 million unemployed people filed for assistance.What would normally be eye-popping numbers have become the new normal, with more than 51 million people across the U.S. filing for unemployment since the onset of the pandemic.Some people receiving unemployment benefits say they are concerned about their future with the additional federal payments of $600 per week for the unemployed run out at the end of the month.“The reality is the state benefits alone will not come close to covering the baseline expenses of paying rent and buying food in San Francisco,” said professional singer and countertenor Aryeh Nussbaum Cohen, who is currently receiving the payments.Cohen said he is mulling his options when it comes to leaving the Bay Area for somewhere cheaper.“There could be a serious exodus from San Francisco of people that can't keep up with the cost of living during a pandemic,” he added.Like many others, Cohen struggled for weeks just to secure the unemployment benefits he filed for after the venues where he sings, including the San Francisco Opera, symphony, and ballet, shut down.“I spent almost two months calling every day hoping to get through,” to the Employment Development Department, Cohen said.

It … Bureau of Labor Statistics News Release; State Rates 2009-2017 California Unemployment Rate Almost 20%.

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