quote:

ORIGINAL: Vendaval

Somehow or other I missed that memo. Unemployment is still at 12% in California, in some counties it is over 20%


Unemployment tops 20% in eight California counties
The state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation.
THE ECONOMY
March 11, 2010|By Alana Semuels

"The state was one of five, along with Florida, Georgia, North Carolina and South Carolina, that reached their highest unemployment rates since the government began keeping track in 1976, according to the Bureau of Labor Statistics. California's was 12.5% in January, up from 12.3% in December.

"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 unemployment rate for the Riverside-San Bernardino-Ontario metro area reached 15% in January, its highest since 1990, the earliest year for which the state has comparable data available. Unemployment in Orange County reached 10.1%, up from 9.1% in December.

The state's revised data for last year showing elevated unemployment indicate that a recovery could take longer than previously predicted.

"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%.

The national unemployment rate in January was 9.7%, and the country experienced a strong 5.75% annualized increase in gross domestic product in last year's final three months."

http://articles.latimes.com/2010/mar/11/business/la-fi-cal-jobs11-2010mar11

quote:

ORIGINAL: Vendaval

Somehow or other I missed that memo. Unemployment is still at 12% in California, in some counties it is over 20%


Unemployment tops 20% in eight California counties
The state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation.
THE ECONOMY
March 11, 2010|By Alana Semuels

"The state was one of five, along with Florida, Georgia, North Carolina and South Carolina, that reached their highest unemployment rates since the government began keeping track in 1976, according to the Bureau of Labor Statistics. California's was 12.5% in January, up from 12.3% in December.

"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 unemployment rate for the Riverside-San Bernardino-Ontario metro area reached 15% in January, its highest since 1990, the earliest year for which the state has comparable data available. Unemployment in Orange County reached 10.1%, up from 9.1% in December.

The state's revised data for last year showing elevated unemployment indicate that a recovery could take longer than previously predicted.

"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%.

The national unemployment rate in January was 9.7%, and the country experienced a strong 5.75% annualized increase in gross domestic product in last year's final three months."

http://articles.latimes.com/2010/mar/11/business/la-fi-cal-jobs11-2010mar11

quote:

ORIGINAL: Vendaval

rml,

I just realized that the previous post should have been "fast reply", was not a response to you. The point being that many people in California are still really struggling. If you want to post the places in the U.S. doing better than average go for it.