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State Unemployment Drops, Job Losses Increase

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From 12.5% in October to 12.3% in November, California's unemployment rate slightly decreased at the same time job losses went back on a downtrend, says the SacBee. In October, the state gained 27,500 payroll jobs, but November saw a cut in some 10,200 jobs. California ties Nevada and South Carolina for third worst unemployment. Rhode Island comes in second with Michigan topping the list.