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

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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.

nt

None of the college aged kids I know are employed and most have given up applying.

There are no jobs at all here in San Francisco.
Lets start the gubernatorial election!

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.

California needs an across the board tax hike on individuals, business, gasoline and other carbon, property, automobiles and cigarettes.

for now....

forgot the link:
http://www.kgw.com/business/stories/kgw_022609_business_oregon_jobless.6814220.html

:hi:

I haven't seen the January unemployment rate for Michigan but I'm sure it's not good.

the official rate is one in ten

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

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.

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.

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.

we were all shocked.

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.

Like NYC.

It's spreading quite a bit.

by 20%.

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

recall the fail-inator.

:nuke:

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!

And I think that 2/3 requirement is weird too; nothing ever gets done.