CA Unemployment Down, Compensation Headed Up

The California Employment Development Department announced recently the state unemployment rate dropped 0.3 percent to 9.8 percent in November, with the state adding 268,800 jobs over the year, marking a 1.9 percent increase.

Did Santa come early for those who seek work?

According to Laguna Niguel Branch Manager Jennifer Caison of Accountemps: "We’re seeing some bright spots in the employment market for the months ahead, with compensation projected to increase 4.6% in California in the coming year."

Where might jobseekers see openings in the weeks and months ahead:

"A supply and demand imbalance has emerged for specialized talent within many professional occupations, including information technology and accounting," Caison said.