Nov 27, 2009

ca unemployment at 12.5%

From the LAT last week:

Unemployment statewide hit a fresh post-World War II high of 12.5%, from a revised 12.3% in September, the California Employment Development Department said Friday.

Prospects for job growth in key recession-battered industries, meanwhile, remain weak.

"Job losses are moderating, but I don't think we'll see a sustained recovery in California until we begin to see job growth in construction and manufacturing," said Stephen Levy, director of the Center for Continuing Study of the California Economy.

California, which has the most manufacturing jobs in the country, lost 8,300 jobs in that sector last month and 124,400 since October 2008.

Time for a Jobs Bill that will help build sustainable jobs.

1 comments:

peter said...

California Unemployment Level Trends - October 2009

California Unemployment Trend Heat Maps:
A map of California Unemployment in October 2009 (BLS data)
http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=curr_ue

versus California Unemployment Levels 6 months ago
http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=m06_ue