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California unemployment remains at 7.4 percent

SACRAMENTO, Calif. (AP) -- California's unemployment rate held steady at 7.4 percent in July, the same rate as a month earlier, but two surveys used to calculate the rate showed different results.

The California Employment Development Department said Friday that businesses in the state reported an increase of about 27,700 jobs. But a federal survey of households used to calculate the unemployment rate found 31,000 fewer jobs in July than in June.

That leaves the state in a holding pattern, although it's improved from the 9 percent unemployment rate last July.

Educational and health services reported the biggest July jobs increase, adding 10,900 jobs, while the largest decline was in construction, which reported 6,400 fewer jobs in July than a month earlier.

The U.S. unemployment rate increased last month to 6.2 percent.

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