LayoffBlog.com

March 20, 2009

California economy worsens, unemployment at 10.5 percent

According to EDD, Reuters: ” California’s unemployment rate increased to 10.5 percent in February from 10.1 percent in January as the most populous state’s economy worsened, official data showed on Friday.

California’s February jobless rate far exceeded both the state’s 6.2 percent rate a year earlier and the national unemployment average for February of 8.1 percent, according to the report by the state’s Employment Development Department.”

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