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California Sees Job Creation Drop Amid Rising Spending

9/27/2025

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Summary

Story summary

Personal spending rose and jobless claims fell, but job creation dropped. Openings were 7.18 million.
Professor Caroline Chen of San Jose State University notes job creation at 10-month low.
California’s unemployment is 5.5%, highest in the United States; the Bay Area is lower.
Quarterly employment data show corporate downsizing; firms under five workers account for 99.2% of growth.

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Story summary

Personal spending rose and jobless claims fell, but job creation dropped. Openings were 7.18 million.
Professor Caroline Chen of San Jose State University notes job creation at 10-month low.
California’s unemployment is 5.5%, highest in the United States; the Bay Area is lower.
Quarterly employment data show corporate downsizing; firms under five workers account for 99.2% of growth.