California Unemployment Rates, Increased 12.5% in January 2010

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For most areas of California, unemployment rates are still very high in January. This indicated that the restoration of national Economy translated not in the world of work.

On Wednesday, yesterday showed that in 8 cities, there are more than 1 in 5 people doing not work. 5 cities Unemployment rates reach highest level since 1976 are Florida, Georgia, North Carolina and South Carolina, According to the Bureau of Labor Statistics. And recorded California Unemployment rate increased from 12.3% in December rose to 12.5% in January.

“The unemployment rate will be persistently at this high level for at least a few more months,” said Esmael Adibi, an economist at Chapman University in Orange.

“The impact on the labor market was much more severe than what we had estimated,” Adibi said.

Most counties were still struggling under the Burden of joblessness, especially the eight counties where rates were higher than 20%. Merced County, for instance, had an unemployment rate of 21.7% in January, and Imperial County’s rate was 27.3%.

California’s unemployment rate was the fifth-highest in the nation, behind Michigan, Nevada, Rhode Island and South Carolina.



Posted by admin   @   11 March 2010 0 comments

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