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Gov Cites Enterprise Zones in Statement on New Employment Figures

The Governor’s office released the following press release in response to new employment figures from EDD:

Governor Arnold Schwarzenegger today issued the following statement after the California Employment Development Department released employment numbers for the month of May:

“While the decline of our unemployment rate is welcome news, there are still far too many Californians out of work. To achieve a full recovery, there must be accelerated hiring in the private sector, and that’s exactly why we must not burden California employers and consumers with higher taxes. Now is the time for government to be a partner to economic growth, not an obstacle to it. Just this week, Baxter’s BioScience business announced it would continue investing in California because of the efforts of Los Angeles and my Administration to expand the East Los Angeles Enterprise Zone. These are the type of efforts we should focus on, and I encourage the legislature to consider this as they continue budget deliberations.”

The EDD report notes that the unemployment rate in California dropped one tenth of once percent from April to May. According to the report, the following sectors added jobs:

Government 30,000 65%
Information 4,700 10.2
Professional and business services 4,200 9.1
Leisure and hospitality 3,600 7.8
Other services 2,400 5.2
Manufacturing 1,300 2.7

Sectors that gained jobs in May: 46,200 100%

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