The Los Angeles Post

California Adds 21,100 Jobs in July, Sets Record for Fast Food Employment

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SACRAMENTO — California’s economy continues its robust growth, with Governor Gavin Newsom announcing that the state added 21,100 new jobs in July, marking the 51st consecutive month of job expansion. Notably, the state also recorded its highest-ever number of fast food jobs, surpassing 750,000 for the first time in history.

“Our consistent job growth in recent months underscores the resilience and strength of California’s economy, which remains the 5th largest in the world,” said Governor Newsom. “This year alone, we’ve added 126,500 jobs – a testament to the solid economic progress we’re making.”

Over the past 12 months, California has created a total of 284,400 new jobs, reflecting a 1.6 percent increase. The state’s unemployment rate remained steady at 5.2 percent in July. Among California’s eleven industry sectors, four saw job gains during the month.

California’s Economy by the Numbers:

California leads the nation in several key economic indicators:

  • Fortune 500: The state hosts the most Fortune 500 companies, outpacing states like Texas and Florida.
  • Travel: Travel spending reached a historic high of $150.4 billion.
  • AI Leadership: California is home to 35 of the world’s top 50 AI companies and accounts for a quarter of global AI patents and conference papers.
  • Business Environment: The state ranks #1 in new business starts, venture capital funding, manufacturing, high-tech, and agriculture.

With a diversified economy and a reputation for innovation, California continues to solidify its role as a national and global economic powerhouse.