CALIFORNIA BUSINESS MINUTE
Employment
04-20-09
Hi, I am Tim Johnson and welcome to the California Business Minute.
California’s unemployment rate increased from 10.6 to 11.2 percent in March
according to data released by the California Employment Development.
Some reports illustrate this is the highest unemployment has been recorded
at the state level since modern day recording.
The number of people unemployed in California last month is estimated at
2,080,000 – up by 119,000 from February, and up by 913,000 compared with
March of last year.
Out of all of the employment sectors, two ‘Information’ and educational and
health services added jobs over the month.
Of key significance, 47 counties out of the 58 had double digit unemployment
rates up from 42 counties from February. However, this month, Marin, Mono,
Orange, San Mateo, Santa Barbara had lower or equal to the national unemployment
rate of 8.5 percent. Marin had the lowest unemployment rates at 7.4 percent
followed by Mono County at 7.9 percent. Colusa County had the highest unemployment
rate a 25.6 percent and Imperial County was right behind at 25.1.
I am Tim Johnson and this has been the California Business Minute.
For further information see http://www.calmis.ca.gov/file/lfmonth/0901pcou.pdf
and www.beaconecon.com go to products for drilldown
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