Hope for the jobless?

In Hiring report offers hope to California’s jobless, (Sacramento Bee, April 21), Dale Kasler highlights the March labor market report and provides a great picture of California’s “two tiered” economic recovery.

Despite receiving some long awaited good news on the housing front and adding 4,800 jobs in March, “There are still fewer people working in the Sacramento area today than a year ago – one of the few places in California where that’s true.”  But Sacramento is not alone, “Much of the Central Valley is in the same condition as Sacramento…”

In contrast, the labor force has been trending up lately, which is usually a sign of rising optimism.

(Read the article)

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