California adds jobs, but unemployment rate rises to 8.9%

The construction industry is California's best-performing sector, gaining 7,700 jobs in August. But overall, one expert says, 'the economy has shifted down to second gear.'California's employers created 29,100 net jobs in August, but the unemployment rate edged up for the second month in a row, climbing to 8.9% from 8.7% the month before, the state's Employment Development Department reported Friday.