California Unemployment Spikes

by Chris Sturr | January 23, 2009

If California were a country, it’s GDP would place it among the 10 largest nation’s in the world. So it’s a big deal when the state’s official unemployment rate hits 9.3 percent, as it did in December. This is up from 8.4 percent in November, and 5.9 percent in December 2007.

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