California's unemployment rate rises to the highest level in the nation. Slower job growth is to blame
sygnius @ sygnius @lemmy.world Posts 4Comments 108Joined 2 yr. ago
sygnius @ sygnius @lemmy.world
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This doesn't surprise me. A lot of tech companies that are located in California just had massive layoffs in 2024, which I would think is a significant contributor. Tiktok, Google, Amazon, Riot Games just to name a few.