Despite the growth of approximately 20,000 jobs per month since mid-2023, California’s unemployment rate remains above 5%, largely influenced by youth unemployment, which has sharply increased.
The unemployment rate for workers aged 16 to 19 rose from 14.5% last year to 22.9% this year, indicating a growing challenge for young job seekers in California.
Employers are shifting from entry-level positions for young workers towards investing in automation or hiring older, more skilled labor due to the rising minimum wage.
California's economy is expanding, with real output up 3% over the past year, yet this growth does not translate into employment opportunities for younger individuals.
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