LOS ANGELES-The EDD’s latest numbers indicate that California’s labor market experienced a slight pullback in April, with 4,200 fewer nonfarm jobs than in March (on a seasonally adjusted basis). However, it is important to note that the March numbers were revised upward by 4,000 positions, indicating a very small net loss of jobs, according to locally based Beacon Economics.

According to the firm, even more importantly is the pattern of upward revisions that has emerged over the past few months as the EDD consistently revises its numbers upwards from month to month. In February, for example, the EDD revised their original estimate of a 4,000 job gain to a 38,600 gain. “A revision of substantial magnitude,” notes Beacon Economics, which adds that the pattern of revisions reinforces the firm’s believe that “we are in full recovery mode and not looking back.”

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