California Inc.: The roads should be clear this holiday weekend (just kidding)

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. Good times in the Golden State: We learned Friday that California added 31,700 net jobs in October and the state unemployment rate fell to 4.9% from 5.1% a month earlier. The latest state jobs report follows a strong September, when employers boosted payrolls by a revised 50,300. In October, the leisure and hospitality sector, and the educational and health services sector, saw the largest gains. The Automobile Club of Southern California says this year's Thanksgiving holiday will be the busiest locally since 2007, with 3.87 million residents expected to get away for the long weekend.