Monday, January 24, 2011

SO CAL UNEMPLOYMENT JUMPS AGAIN....


The jobless rate in Los Angeles County hit a new record high of 13 percent in December, while the statewide rate ticked up to 12.5 percent. 

The county rate rose two-tenths of a percentage point from November to December. Meanwhile, December's showing means the state's monthly jobless rate remained above 12 percent for all of 2010, even as the national unemployment rate decreased in December to 9.4 percent. 

The report released Friday by the state Employment Development Department said the number of Californians holding jobs dropped 25,000 from November. The number of jobless Californians rose to nearly 2.27 million, an increase of 3,000 from November.   Read More: DAILY BREEZE 

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