California Unemployment Rate Unchanged At 10.9 Percent
California's unemployment rate remained unchanged in February at 10.9 percent.
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California's unemployment rate remained unchanged in February at 10.9 percent.
The national unemployment rate dropped to 8.5 percent in December, the lowest rate in nearly three years, with the addition of 200,000 new jobs. But closer to home in Stockton, the lines were running long at a job fair on Friday.
Compared to this time last year, the jobless rate is a full percentage point lower. That's the good news, but the not-so-good news is that the jobless rate in California is almost three percent higher than the national average.
Unemployment rates fell in roughly two-thirds of U.S. cities last month, despite zero job growth nationwide. The largest drop came in Yuba City.
The Sacramento region's unemployment picture improved in August, dropping from 12.5 percent to 11.9 percent after adding 6,200 jobs, according to a report by the state Employment Development Department released Friday.
Overall unemployment held steady throughout the nation in the latest jobs report, stirring fears about the economy, but the data reveals an additional hardship on the African American community.
Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession.
California's unemployment numbers jumped to 12% today, another sign the tattered economy is in trouble.
California's economy is staying soft into the summer, with the state unemployment rate for June rising slightly even as employers added workers.
Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent.
The unemployment rate in California fell again in May, dropping to 11.7 percent, a state agency reported Friday, but the number of jobs in the state is also down.
Federal officials announced Wednesday that California will receive more than $800 million in funding to help the unemployed as the state struggles to deal with the economy and a huge budget hole.
California's unemployment rate has dropped below 12 percent for the first time since August 2009 -- another positive sign for the nation's economy.
California's unemployment rate dipped slightly to 12 percent in March, the lowest figure since September 2009, the state reported Friday.
New statistics from the U.S. Bureau of Labor show that the Sacramento region suffered the most severe job loss in the nation in the last calendar year.
California's unemployment rate has dipped slightly but still remains far higher than the national average.
A Sacramento job fair highlighted an unexpected challenge for some unemployed people hoping to get back into the workforce. Many of those unemployed are being 'if you don't have a job, don't bother applying'.
A report from the federal government is showing that Northern California's Yolo County is one of two counties in the nation hit hardest by job losses.
Employers added the most jobs in five months in October, with the education and health care sectors leading the way.
