Support for LAist comes from
We Explain L.A.
Stay Connected

Share This


California's Jobless Rate: 'Ugly'

Stories like these are only possible with your help!
You have the power to keep local news strong for the coming months. Your financial support today keeps our reporters ready to meet the needs of our city. Thank you for investing in your community.

"A new economic forecast predicts the California economy is in for a rough 2009. The quarterly Anderson Forecast from UCLA says unemployment is going to continue to be ugly, with the jobless rate peaking next year at 8.7 percent -- meaning nearly one in 10 workers will be out of work."