Saturday, April 18, 2009

California's Unemployment Rate Tops 11%

Click for a Larger Image

According to data released by the Bureau of Labor Statistics the unemployment rate in California for March 2009 rose to 11.2%--Up 0.6 percentage points from upwardly revised February number of 10.6%.

According to the SF Gate the unemployment rate in California is worse than the 1980's recession and only surpassed by the 11.7% rate seen in the 1941 recession (Accurate data during the depression is not available in an apples-to-apples way).

No comments: