LayoffBlog.com

February 28, 2009

California’s unemployment rate above 10 percent

According to Reuters: “California’s unemployment rate rose to 10.1 percent in January, its highest level in a quarter century, as recession tightened its grip on the most populous U.S. state.

Weakness in the housing and consumer sectors helped drive the jobless rate up from a revised 8.7 percent in December and 6.1 percent in January 2008 and to above the national average in January of 7.6 percent, state officials said on Friday.”

5 Comments »

  1. California is screwed. With the rising taxes and the high cost of living, we are losing people and pushing away businesses to cheaper locations. Arnold is not doing so well.

    Comment by myphotoscout — March 1, 2009 @ 1:06 pm | Reply

    • SF Bay Area != The rest of the state. There are bunch of more-less cheap places in Northern California like Stockton, Fresno, Sacramento areas. Why people and IT businesses are not moving there, – this is another question. But yes, taxes here are total crap.

      Comment by DF — March 1, 2009 @ 8:39 pm | Reply

    • agreed 100+ %

      California is screwed BIGTIME

      Comment by OHBOY — March 1, 2009 @ 10:56 pm | Reply

  2. Why would anyone move to Fresno or Stockton? You get screwed twice by the taxes and the shitty location. I would much rather move to Washington or Oregon or any other nice place with lower taxes instead.

    Comment by myphotoscout — March 3, 2009 @ 10:12 pm | Reply

  3. Hello,

    This is a plan from another High Tech state, Massachusetts for Health Care.

    Cobra costs were very expensive during layoffs in Massachusetts. At that time, we paid over $800 per month for a family during layoffs.

    http://en.wikipedia.org/wiki/Massachusetts_2006_Health_Reform_Statute

    One thing that still needs to be addressed is qualification based on last year’s income.

    Looking forward seeing Obama’s plan.

    It is time for change.

    Comment by MightHelpCAFromMA — March 5, 2009 @ 5:14 pm | Reply


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