A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021, in Los Angeles, California. Don't let those high-profile tech layoffs fool you about the Golden State's overall job market. For the moment, the weak spots are in bulletproof tech jobs and other white-collar professions. Other segments have plenty of room if not desperation to hire.
"The state unemployment rate went up slightly from 3.8% to 4.0%. The 4% is still though, among the lowest rates we've had during the last 40 years…the unemployment rate, the labor market, remain very, very tight," said employment lawyer and former Employment Development Department Director Michael Bernick.
"At the same time, we have shortages, sometimes severe shortages, in terms of our direct care jobs, direct service jobs, retail jobs and some blue-collar jobs," said Bernick."That's why we're unlikely to see any significant downturn…certainly no dropping out of the market, the job market," said Bernick.