Author Topic: California jobless rate swells to 12.6 percent  (Read 853 times)

0 Members and 1 Guest are viewing this topic.

Offline briann

  • Silver Star JTF Member
  • ********
  • Posts: 8038
  • Mmmm HMMMMM
California jobless rate swells to 12.6 percent
« on: April 16, 2010, 04:59:25 PM »
http://www.breitbart.com/article.php?id=D9F49LEO0&show_article=1

SACRAMENTO, Calif. (AP) - California's unemployment rate hit a modern record of 12.6 percent in March, though it rose only a fraction over the previous month, the state Employment Development Department reported Friday.
Non-farm payroll jobs increased by 4,200 as the economy shows signs of life. It was the third consecutive month that California added jobs, gaining 32,400 jobs so far this year.


More than 2.3 million Californians remained unemployed, with 362,000 more people jobless than a year ago.

California's jobless rate grew from 12.5 percent in February after holding steady for a month. The rate was 10.6 percent in March 2009.

Howard Roth, chief economist for the state Department of Finance, said the unemployment rate appears to be at or near its peak.

It was the first time since mid-2007 that the state saw job gains for three consecutive months. The department previously had reported a job loss in February, but revised those numbers Friday based on new data.

"I think this is for real," Roth said of the economic rebound. "We're seeing it in other statistics as well, personal income, taxable sales and housing prices."

The state lost an average of 115,000 jobs a month in the first quarter of 2009, compared with gains each month this year. There was growth in five of the 11 jobs sectors in March: mining and logging, manufacturing, education, health services and hospitality.

"It's a sign that people are at least feeling there are jobs, and they can actually look for a job," said Kevin Callori, spokesman for the Employment Development Department.

The construction, information, government, financial and professional services sectors lost jobs last month.

Roth expects the state's unemployment rate to remain high through 2011 in part because more people will start looking for jobs but may not find them right away.

Michigan leads the nation with a 14.1 percent unemployment rate, followed by Nevada at 13.4 percent.

California was tied with Rhode Island for the third-highest jobless rate.

Offline cjd

  • Silver Star JTF Member
  • ********
  • Posts: 8996
Re: California jobless rate swells to 12.6 percent
« Reply #1 on: April 16, 2010, 05:15:54 PM »
California is the picture of things to come for many states. They are just slightly ahead of the curve due to many self created  situations. There is no reason for a state with the resources that California has to be in the condition its now in. Liberal leadership and ultra liberal agendas have destroyed the economy there.
He who overlooks one crime invites the commission of another.        Syrus.

A light on to the nations for 60 years


Offline briann

  • Silver Star JTF Member
  • ********
  • Posts: 8038
  • Mmmm HMMMMM
Re: California jobless rate swells to 12.6 percent
« Reply #2 on: April 16, 2010, 05:24:12 PM »
California is the picture of things to come for many states. They are just slightly ahead of the curve due to many self created  situations. There is no reason for a state with the resources that California has to be in the condition its now in. Liberal leadership and ultra liberal agendas have destroyed the economy there.

Its awful here.  Crime is way up.  In LA the youth are nearly all unemployed.

Offline serbian army

  • Master JTFer
  • ******
  • Posts: 2326
Re: California jobless rate swells to 12.6 percent
« Reply #3 on: April 17, 2010, 07:12:02 PM »
California is the picture of things to come for many states. They are just slightly ahead of the curve due to many self created  situations. There is no reason for a state with the resources that California has to be in the condition its now in. Liberal leadership and ultra liberal agendas have destroyed the economy there.

Its awful here.  Crime is way up.  In LA the youth are nearly all unemployed.
Sorry to hear that.
Serbia will never surrender Kosovo to the breakaway province's ethnic Albanian majority or trade its territory for European Union or NATO membership,

Offline cjd

  • Silver Star JTF Member
  • ********
  • Posts: 8996
Re: California jobless rate swells to 12.6 percent
« Reply #4 on: April 17, 2010, 07:25:03 PM »
California is the picture of things to come for many states. They are just slightly ahead of the curve due to many self created  situations. There is no reason for a state with the resources that California has to be in the condition its now in. Liberal leadership and ultra liberal agendas have destroyed the economy there.

Its awful here.  Crime is way up.  In LA the youth are nearly all unemployed.
The State here in New York is just in the past months really starting to cry poverty... Up until now services all seem to be about the same. The roads are clean and maintained so the state must be working on money they had in the pipe. I think New Yorkers will see a rapid change in things in the next few months. Some years back when California  was having all the power shortages I met someone through business that explained the reason why Ca was in such bad shape when it came to its power supply. From what he explained it was clear that the state government was clearly the root of the problem. Some 10 years later its plain to see things have only become worse and the sickness has spread through the entire system.
He who overlooks one crime invites the commission of another.        Syrus.

A light on to the nations for 60 years


Offline RationalThought110

  • Moderator
  • Ultimate JTFer
  • *
  • Posts: 4813
Re: California jobless rate swells to 12.6 percent
« Reply #5 on: April 18, 2010, 04:33:37 AM »
The two main elections in CA are going to be the governor's race and US Senate seat.

For whoever wins the GOP nomination gets to faceoff against Barbara Boxer.

The three candidates are Chuck Devore(a conservative), Carly Fiorina (supported McCain in the GOP primary in the last presidential election) and Tom Campbell (RINO).


Of the three, Devore is the best and Campbell is the worst.

Campbell supports gay marriage and has a record of having supported tax increases. There are more reasons why he should not be supported.

Tom Campbell also has a record of supporting some radicals who are anti-Israel.









Offline cjd

  • Silver Star JTF Member
  • ********
  • Posts: 8996
Re: California jobless rate swells to 12.6 percent
« Reply #6 on: April 18, 2010, 04:45:06 AM »
The two main elections in CA are going to be the governor's race and US Senate seat.

For whoever wins the GOP nomination gets to faceoff against Barbara Boxer.

The three candidates are Chuck Devore(a conservative), Carly Fiorina (supported McCain in the GOP primary in the last presidential election) and Tom Campbell (RINO).


Of the three, Devore is the best and Campbell is the worst.

Campbell supports gay marriage and has a record of having supported tax increases. There are more reasons why he should not be supported.

Tom Campbell also has a record of supporting some radicals who are anti-Israel.









Who could actually win against Boxer, Devore or Fiorina? My goal would be to unseat Boxer. I have listened to Fiorina speak and she would be a 1000% improvement over Boxer any day. I have heard good things about Devore however I have never heard him speak on any issues.
He who overlooks one crime invites the commission of another.        Syrus.

A light on to the nations for 60 years


Offline RationalThought110

  • Moderator
  • Ultimate JTFer
  • *
  • Posts: 4813
Re: California jobless rate swells to 12.6 percent
« Reply #7 on: April 18, 2010, 06:17:25 AM »
Devore and Fiorina were joint guests during an episode of Hannity's show.

He speaks fine.  But how well someone speaks shouldn't be the reason for voting for or against a candidate.