Good news for the new year: unemployment low, stable



The California Labor Market Information Division released its November report and it shows Ventura County’s unemployment rate holding steady at 3.7 percent for the third consecutive month.

The jobless rate has remained remarkably low and stable since it first dipped below 4 percent in May 2017.

Here’s what’s behind the numbers:

Industry employment: Aside from the usual increase in holiday retail hiring, there was very little movement in November. There was a net gain of 700 jobs, in...

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