Posted on 03/05/2010 1:50:13 PM PST by Gabrial
California's unemployment rate grew slightly to 12.5 percent in January, the state Employment Development Department reported Friday. But the state also revised its December job numbers to show that about 300,000 additional jobs were lost last month.
The state's unemployment rate in December was 12.3 percent. Officials had previously reported December's unemployment rate at 12.4 percent, but revised that figure Friday.
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And yet we had no snow storms to speak of here.... hmmmm
Clearly they need more red tape and higher taxes.
Someone is lying..
And I am guessing it is the zero.
Waiting for BO, Dingy Harry and Piglosi to come out and say this is a good sign.
how could California “lose” 300,000 jobs last month when the posted national job loss total for January was 20,000 just revised to 26,000, and 36,000 for February?
enquiring minds
Well at least the state is a little more honest than the U.S. Bureau of Labor Statistics.
Such is the dismal soul-sucking legacy of Pelosi, Boxer, Stark, and all the cali dem hack anti-business pro-deviate commie pukes.
There. Feel much better now.
It is the new math as taught in the Publik Skools.
The left-wing policies of the last 40 years could have nothing to do with this
Destroying America, one job at a time.
It is Zero that’s lying. I live in the center of Hollywood and every apartment bldg have For Rent’ signs since early last year.
California jobless rate rises to 12.5 percent in January; California will need to raise more taxes to pay its bills. Of course the world is not static, so more businesses will close or move and productive citizens will migrate to sunnier climates. All increasing unemployment necessitating another round of tax increases!
In Columbus, Ohio, we have ‘two months free rent’ signs, and my landlord offered month-to-month (no lease - unheard of last 15 years), at the same rent, as long as we would stay. I smell desperation.
My ex-boss, who two years ago owned rental properties with net monthly income (after all expenses and taxes) of $40K, had to declare bankruptcy (massive negative cash flow). He hopes to keep his house, but his rentals are hitting the auction market.
But, unemployment was unchanged this month.
“Remember when I said I’d fix the Kali-forn-ya economy?..........I lied.”
I negotiated a $250 reduction in rent late last year. The building complex is now at about 50% occupied. One of the only positives I’ve experienced out of this whole bloody mess.
Obama borrowed John F’in Kerry’s calculator.
Not enough regulation. Taxes too low. The deficit is too low. And they have a shortage of illegal immigrants.
What do you expect?
Record unemployment in California. Good time for the Chicago gang to float the old massive illegal alien amnesty scheme.
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