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Unemployment Still Growing: California Reaches 12.5%
Although California added some 25,700 jobs last month, the state's unemployment rate increased three-tenths to 12.5%. That puts the state with the fourth highest rate and as one of thirteen above the national average of 10.2%. The addition of jobs is a first since April 2008. In October 2008, California's rate stood at 8%.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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