Federal and state statistics show unemployment at lowest level since ’08 as slow recovery continues.
The unemployment rate in California is down nearly 12 percent from what it was in March last year.
State reports that jobless rate fell a tenth of a point in February and now stands at 8 percent.
The failed measure called for 3-month renewal of an expired program providing up to 47 weeks of benefits.
California’s unemployment rate fell to 8.6 percent in May, the lowest level since November 2008, according to the U.S. Bureau of Labor Statistics (BLS). That represented what the BLS termed a “statistically significant” change of -0.4 percent from April’s rate of 9 percent. The state also has seen a reduction in unemployment of -2.1 percent […]
Quick, what is California doing as well as Mississippi and Nevada but worse than all the other states? As you might have guessed from the headline of this post, the answer is “hire people.” In February, the Golden State’s jobless rate drifted down to 9.6 percent in preliminary estimates. It’s only a modest drop from […]
SACRAMENTO, Calif. (AP)—California’s jobless rate stalled at 9.8 percent this winter, with only a few new jobs created in January. The state’s Employment Development Department reported Tuesday that the unemployment rate remained unchanged in January and December November’s jobless rate was revised upward a tenth of a percentage point to 9.9 percent, when the rate […]
California’s jobless rate stayed stuck at 9.8 percent in December, but Bay Area rates were much lower, according to a report from the Employment Development Department. Statewide unemployment dipped below 10 percent in November for the first time since the beginning of the recession. All the Bay Area counties had jobless rates under 9 percent, […]
It is not looking particularly good in terms of resolving the fiscal-cliff tiff, at least before the entire country is caught in mid-air flapping its arms. As of this moment, here’s the sitch, from AP: President Barack Obama says “the hour for immediate action is here” on a deal to avert the fiscal cliff. The […]
by Don Thompson, Associated Press SACRAMENTO, Calif. (AP) — California’s jobless rate dipped below 10 percent last month for the first time since the recession began, the state announced Friday, signaling that the state’s economy may have finally turned the corner. The 9.8 percent unemployment rate reported by the Employment Development Department is down from […]