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California unemployment rises to 6.9%, LA area rate is 7%, was 5% a year ago

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 06:10 PM
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California unemployment rises to 6.9%, LA area rate is 7%, was 5% a year ago
http://www.latimes.com/business/la-fi-caljobs19-2008jul19,0,6469603.story

California's unemployment rate rises to 6.9% in June
The rate rises a tenth of a percentage point from May to a nearly five-year high. The jobless rate in the Los Angeles-Long Beach-Glendale area rises to 7% from 5% a year earlier.

By Marc Lifsher, Los Angeles Times Staff Writer
9:39 AM PDT, July 18, 2008

California's unemployment rate crept up to 6.9% in June, a tenth of a percentage point higher than the month before and the highest in nearly five years, the government reported today.

The latest figure ties California with Mississippi for the third-highest jobless rate among the states, the U.S. Bureau of Labor Statistics said.
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Bicoastal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 06:28 PM
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1. Ugh, that's terrible...
...this plus the price of gas makes me glad I'm living in New York now. Tied with Mississippi, really?!
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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 06:30 PM
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2. and I wonder what % just dont count anymore
would that double the figure to 14 or so?
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