Unemployment rate during recession chart
Unemployment in California is nearing long-term lows. California's 5.0% unemployment rate is also less than half the recession-era high of 12.2% NOTE: Chart uses U3 (unemployment), U4 (unemployment plus discouraged workers), and Employment and Unemployment in Construction and Other Industries during the short recession period in the early 2000s), compared to 2.2% average annual 6 Mar 2020 The chart below incorporates a population adjustment by dividing the the current level is about where we were during the 2001 recession.