In October, employers in California shed 5,500 jobs, even though the state wasn’t affected by the hurricanes. The state has greater exposure to international trade, which has felt the effects of a strong dollar and weaker growth in China, said Sung Won Sohn, professor of economics and finance at Loyola Marymount University.
Source: Los Angeles Times
U.S. Job Growth Bounces Back in November, a Reassuring Sign that the Labor Market Remains Healthy