California Unemployment Spikes

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.

Published by

Chris Sturr

Chris Sturr is co-editor of Dollars & Sense magazine.

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