skippy the bush kangaroo: california leading the way yet again

Friday, June 19, 2009

california leading the way yet again

but not in the way that we like to hear.

california's unemployment rate shot up to 11.5% in may, its highest level since current record-keeping began more than three decades ago.

...the national unemployment rate for may was 9.4%. - latimes

now i don't think this 11.5% includes those folks who have given up the job hunt, those who are not qualified to file for unemployment insurance or those folks who are underemployed. to factor in those, estimates of the true unemployment in california can range up to 15%.

we're hurting and sacramento is just playing freakin' political games.

Labels: jobs, unemployment