California's unemployment rate soars, but worst yet to come

Posted at 7:02 PM, Apr 17, 2020
and last updated 2020-04-17 22:02:50-04

California has lost 100,000 jobs as the coronavirus pandemic has forced the closure of nonessential businesses.

A new report from the California Employment Development Department shows California's unemployment rate hit 5.3% in March. But the numbers are just a glimpse of what is to come. The job losses are based on a survey taken the week that included March 12.

Most of the state's job losses came after that date. Gov. Gavin Newsom issued a mandatory stay-at-home order on March 19.

California had job losses in six of the state's 11 industry sectors. The biggest losses were in the leisure and hospitality industry.