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California unemployment rate reaches 10.1%

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scytherius Donating Member (576 posts) Send PM | Profile | Ignore Fri Feb-27-09 02:47 PM
Original message
California unemployment rate reaches 10.1%
Source: L. A. Times

The 10.1% jobless rate is the highest since June 1983 and not far below the 11% record set in November 1982 at the worst point of a severe recession, according to the governor's office. Job losses escalated in January, with the state's unemployment rate jumping by 1.4 percentage points from a revised 8.7% for December.

Read more: http://www.latimes.com/business/la-fi-california-jobs28-2009feb28,0,3811550.story



You wanna see what the Party of No can do to the Nation if we let em? Just take a look at my state. And, no, this isn't the Governator's doing, it's the legislature and the fact that we have that ridiculous 2/3 requirement to get a budget passed. That little gem was done by Prop years ago. Prop voting has also killed this state. It is nothing but rule by special interests . . . on both sides of the aisle.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 02:51 PM
Response to Original message
1. I wonder what the true rate is?
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scytherius Donating Member (576 posts) Send PM | Profile | Ignore Fri Feb-27-09 02:52 PM
Response to Reply #1
2. Last I heard (last week) they say around 14% n/t
nt
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Jeep789 Donating Member (935 posts) Send PM | Profile | Ignore Fri Feb-27-09 02:56 PM
Response to Reply #1
3. 20% at least
None of the college aged kids I know are employed and most have given up applying.
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ReliantJ Donating Member (680 posts) Send PM | Profile | Ignore Fri Feb-27-09 08:08 PM
Response to Reply #3
6. Very true.
There are no jobs at all here in San Francisco.
Lets start the gubernatorial election!
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diamidue Donating Member (606 posts) Send PM | Profile | Ignore Sun Mar-01-09 09:12 PM
Response to Reply #3
16. Yep.
Both my kids -recent grads- are out of work. Those few lucky college-grad friends of theirs who do have work are working in grocery stores, retail stores or for family. No career positions to be had. I feel bad for the ones with a lot of college debt.
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Spouting Horn Donating Member (310 posts) Send PM | Profile | Ignore Mon Mar-02-09 03:39 PM
Response to Reply #1
18. It appears as though
California needs an across the board tax hike on individuals, business, gasoline and other carbon, property, automobiles and cigarettes.
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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 05:03 PM
Response to Original message
4. My state of Oregon is right behind at 9.9%. Thankfully I'm employed
Edited on Fri Feb-27-09 05:04 PM by neverforget
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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 08:00 PM
Response to Original message
5. Welcome to the double digits club
:hi:

I haven't seen the January unemployment rate for Michigan but I'm sure it's not good.
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lifesbeautifulmagic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 09:13 PM
Response to Original message
7. 1 in ten
the official rate is one in ten

count my family among them, only in our family it is 2 out of 2 wage earners.

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Jeep789 Donating Member (935 posts) Send PM | Profile | Ignore Sat Feb-28-09 10:19 AM
Response to Reply #7
13. 33% in my immediate family - 1 of 3 unemployed
Extended family (includes my siblings families) it is 30% - 3 of 10 unemployed. None of the 3 are currently receiving benefits and therefore are not counted in the rate.
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-01-09 08:56 PM
Response to Reply #13
15. I think that number is closer to the truth.
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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 09:15 PM
Response to Original message
8. time for WPA I heard CA will CUT its funds to
fix our bridges & roads-in Sacramento near W or X Street an overpass is literally being propped up. We need to fix our infrastructure it will produce jobs & that will reduce debt, it was what worked before, it's a proven formula. Our ability to move food, medicine, & other goods around is a measure of the health of our nation, the states need to make this a priority & ignore the idiots who so far have been wrong about most everything: Iraq, tax cuts, outsourcing, etc.
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barbtries Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 09:16 PM
Response to Original message
9. i guess that re-validates my decision
to move to NC. it isn't even possible to live on unemployment in the part of CA where i come from. it's barely possible with a job. sorry to hear this.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 10:13 PM
Response to Original message
10. the manager of where i work was fired today.
we were all shocked.
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Omnibus Donating Member (676 posts) Send PM | Profile | Ignore Sat Feb-28-09 03:27 AM
Response to Original message
11. Wow, Iowa's only 4.3%.
That's probably more like 7-8% U6, but still, that's fewer than one in 10 unemployed.

Guess I'm one of the "lucky" ones, then.

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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-28-09 04:41 AM
Response to Original message
12. Wow, I can just picture apartments packed with young people sharing rent now.
Like NYC.
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David__77 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-28-09 11:51 PM
Response to Original message
14. Oh wow, that's crazy. I'm in Sacramento and have friends who lost jobs.
It's spreading quite a bit.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-02-09 11:41 AM
Response to Original message
17. at my brother in laws job, they laid off half the staff and cut everyones pay who was left
by 20%.

Now everyone there is doing twice the work to try and keep the business afloat.

recall the fail-inator.
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-02-09 07:05 PM
Response to Original message
19. Boom.
:nuke:
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Sen. Walter Sobchak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-02-09 09:10 PM
Response to Original message
20. Another firm had more than 600 applications for a single paralegal position
We had more than 100 for a corporate librarian - which is getting into the more obscure corners of the workforce.
We were suprised by how few applications we got for some IT positions supporting CT Summation applications though, we found somebody and are going to be making an offer to another, but we expected much more interest.

I guess even in this economy some people would rather not work than use Summation!
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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 02:41 AM
Response to Original message
21. Didn't the voters put in the proposition voting several years ago?
And I think that 2/3 requirement is weird too; nothing ever gets done.
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