Friday, November 20, 2009

California's Unemployment rate for October is abysmal

California Unemployment rate has climbed, yet again. from 12.2% in September to an astounding 12.5% in October. Remember this is the official unemployment rate and does not include those who have stopped looking for work or have run out of benefits. Nationally, that number was 17.5% for October, but locally in California that number most likely exceeds 20%. That's 1 in 5 people are unemployed. The real economy is not going to get better until these people can get jobs, any jobs!

To link to news item for other states click on this link below:
Unemployment news story and this article below:

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