Total Bummer: California Unemployment at 9.3%
Following a report earlier this week that said 164,000 jobs would be lost in the Los Angeles region alone in 2009, the state released its own report today telling us California hit a 9.3% unemployment rate in December. That's almost 1 percentage point more than a month before in November. Save those pennies, it's time to get recessed obsessed. Warner Bros. announced that they will be cutting 800 jobs worldwide on Tuesday.