LOTS OF DATA, LOTS OF CHARTS! This morning the California Employment Development Department released it latest labor market information data. The data shows improvement in the Golden State’s labor market with the seasonally adjusted unemployment dropping to 7.6 percent, a level last seen in August 2008. The data also contained small improvements in the labor force as 4,600 Californians entered the labor force. Total state employment rose 39,800 to 17.2 million and unemployment fell by 35,200 to a total of 1.42 million.
The retirement announcement by Associate Justice Marvin Baxter adds one more State Supreme Court vacancy for Governor Jerry Brown to fill. Justice Kennard announced her plans to retire last year. Brown will not only make history as the longest serving California governor, he will also lead all other Golden State governors in high court appointments surpassing Pat Brown and George Deukmejian.