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California unemployment rate climbs to 11.9 pct

redlineguy

Well-known member
Lifetime Membership
SAN FRANCISCO – California's unemployment rate climbed to 11.9 percent in July, the highest number in modern record-keeping.

That's an increase from 11.6 percent in June and considerably higher than the jobless rate of 7.3 percent a year ago.

The U.S. Department of Labor also reported Friday that 87,000 Californians lost jobs last month.

The state continued to see declines in the construction, manufacturing, transportation, trade, finance, education and health and government sectors. The trade, transportation and utilities sectors posted the largest drop, losing 15,900 jobs.

California is among 15 states and the District of Columbia that have jobless rates above 10 percent.

Unemployment rose in 26 states in July, but the national jobless rate notched down to 9.4 percent, from 9.5 percent in June.

California lost fewer jobs than in June, when it shed 66,100 jobs and also saw new unemployment claims fall.

Stephen Levy, senior economist at the Palo Alto-based Center for Continuing Study of the California Economy, says the decline in job losses is a sign the state is "edging" toward the end of the recession.

"But we are still in recession," he said. "Job losses are job losses."

Gov. Arnold Schwarzenegger said Friday the numbers indicate the state still has work to do to "get California moving forward again."

"We must fix what is broken in this state," he said. ( does that mean you are going to "fix" Nancy?)

The hardest-hit county in the state was Imperial with an unemployment rate of 30.2 percent, followed by Yuba, Merced and Trinity counties.

The state has lost 760,200 jobs since July 2008, a drop of 5.1 percent, according to the state's survey of 42,000 California businesses.

A smaller federal survey of households found a loss of 798,000 jobs since last July.








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Great like we don't get enough CA transplants as it is! Don't get me wrong there are a lot of good ones that come here....but when ya get a migration ya also get chit too!

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Damn I would be happy with 11.9%


Michigan Fast Facts



Michigan Unemployment Rate
(Seasonally Adjusted)


July 2009 15.0%
Change Over Month -0.2
Change Over Year +6.7

Sad thing is it will only get worse here after this month when the seasonal jobs go away. :(
 
wonder how much longer they will continue to sheild illigals?
how much longer will people stand by and watch jobs being held by criminals while american families suffer.
 
They'll prolly shield illegals forever because La Raza is as bad as SEIU and ACORN and they've brainwashed everyone to automatically call you a racist if you want illegals to be legal and pay taxes (or if you don't like BO)
 
SF is such a f'd up district...the people there are of the same mindset as pelosi...hence her election. she won't ever get booted. SF is on an island all its own.

Got my GM "Government Motors" shirt off of www.rightwingstuff.com.....to go along w/ my "99% of democrats give the others a bad name" shirt........bam.
 
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