LayoffBlog.com

January 23, 2009

California jobless rate hits 9.3%

According to Reuters, CNN Money: “California’s unemployment rate jumped to 9.3% in December from 8.4% in November and 5.9% a year earlier as job cuts swept across most industries, with recession tightening its grip on the most populous U.S. state, officials said Friday.

California’s December jobless rate marked a 14-year high for the state and was significantly higher than the month’s national average of 7.2%, underscoring a surge in job losses over the last three months of 2008″

3 Comments »

  1. Oh Boy
    We are just getting started.. Very Ugly stuff here…
    And this was the number for Decemeber 2009 ,, Can you image what the number for January will be.
    Thanks Arnold

    Comment by OHBOY — January 23, 2009 @ 3:35 pm | Reply

  2. Scary but still better than Michigan and some other places.

    Comment by myphotoscout — January 23, 2009 @ 7:36 pm | Reply

  3. I am one of the unemployed Californians. It’s going to get really bad out here.

    Comment by Unemployed California — March 9, 2009 @ 8:49 pm | Reply


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