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!

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