California Jobless Rate Holds Steady At 12.4 Percent
California's unemployment rate is holding steady for a fourth month at 12.4 percent.
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California's unemployment rate is holding steady for a fourth month at 12.4 percent.
Despite three years of recession, California can still claim that it would have the world's eighth largest economy if it were a separate country.
California's unemployment rate remained steady last month at 12.4 percent as the state economy showed signs of a strengthening recovery.
California home sales in October were down nearly 21 percent from a year earlier and the median price also dipped.
Thousands of people are lining up in Modesto today for the opportunity for affordable housing of their choice.
When this recession first hit, my gut reaction was high unemployment rates in the state and nation would take many years to come down.
