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California unemployment rate holds at record low 4.1 percent

Posted at 1:29 PM, Nov 16, 2018

California’s unemployment rate held at a record low of 4.1 percent in October.

The state Employment Development Department said Friday that employers added 36,400 jobs last month.

A year earlier, California’s unemployment rate was 4.5 percent.

The rate hit the record low in September after spending months just a notch higher at 4.2 percent.

The record dates to 1976 when current methodology was established.

The unemployment rates on the Central Coast rose slightly in the latest report.

In San Luis Obispo County, the unemployment rate in October was 2.8 percent, up from a revised 2.7 percent in September, but below the 3.1 percent of October 2017.

Santa Barbara County’s unemployment rate was 3.4 percent in October, up from a revised 3.3 percent in September. It was 3.7 percent in October 2017.