Unemployment is Down in California, but New Jobs Require Specialized Skills

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The Bureau of Labor Statistics reports that California has seen a decrease in unemployment and increase in jobs over the course of the last 12 months. Residents looking to expand their skills and training to be more competitive to potential employers are encouraged to finance their education with a California Car Title Loan.

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The Bureau of Labor Statistics released data last week that shows California’s unemployment rate is down and job creation is up. Though job creation has slowed in many sectors, economists are predicting that more jobs will be added once employers determine how they will be affected by the sequester and the elimination of payroll tax cuts.

Over the course of the last year, California’s unemployment rate has dropped 1.7 percent, from 10.7 to 9.0. In the last month alone there was a 0.4 decrease.

California added 273,100 jobs in the last year, which is the second highest amount in the nation.

This is a sure sign of recovery for California, which was hit especially hard by the recession. Unemployment hasn’t been this low since December 2008.

As more jobs become available, residents are discovering that they require specialized training or education. Those hoping to qualify for these positions must come up with the money to afford college or training courses, which is difficult if they are unemployed or underemployed.

Residents who want to receive specialized training now have the option of obtaining an online auto title loan in California. These loans provide instant cash for the borrower, using the title to his or her vehicle as collateral. California Title Loans has recently launched a new online loan application that cuts down the time it takes to apply by removing unnecessary paperwork and tedious credit checks.

Borrowers can complete the application in about ten minutes and will receive a message right away informing them of how much they are eligible to borrow. Featuring appealing loan terms like low interest rates and flexible repayment options, auto title loans in California are becoming a popular choice among Californians who do not qualify for traditional bank loans.

Those who need a short-term loan to tide them over until they find a position are encouraged to apply for a California auto title loan.

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Cheryl Wilson
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