California joblessness falls to its lowest in 5 years

The Sacramento Bee reports:

Unemployment in California has fallen to 4.9 percent, its lowest level in nearly five years, state officials said Friday.

Construction continued to be the No. 1 job producer during the past year, adding 75,700 jobs statewide.

If there's ever a major downturn in California real estate:the job numbers will not be so good.