California’s Unemployment Rate Now at 10.5%

An indicator that the state budget will likely be even more out of balance than the $8 billion predicted by the Legislative Analyst, California’s unemployment rate rose from 10.1 percent in January to 10.5 percent in February. 

Nonfarm payroll jobs declined by 116,000 during the month. Read the Employment Development Department press release.


Filed under: Budget and Economy

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