Sunday, March 11, 2012

Did you know the unemployment rate was over 11%? Media silence

Calif. Jobless Rate Dips to Lowest Level Since 2009

SACRAMENTO, Calif. (AP) - California's unemployment rate fell below 11 percent in January for the first time in nearly three years, signaling a continued gradual improvement in the state's economy, officials said Friday.
The jobless rate of 10.9 percent is three-tenths of a percentage point drop from December's adjusted rate of 11.2 percent, according to the state Employment Development Department.
California's unemployment rate has not been below 11 percent since April 2009, when it also was 10.9 percent.

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