Los Angeles Times | September 18, 2009 | 8:02 a.m.

California's unemployment rate rises to 12.2%

Despite signs an economic recovery has begun in the state, California's
unemployment rate inched up in August, once again setting a new postwar
high at 12.2%.

California has shed 741,000 jobs in the last year, and the state is one
of 14 in the nation with an unemployment rate in the double digits, the
Bureau of Labor Statistics reported this morning.

Economists predict that jobless figures will continue to rise for the
rest of the year.

Full story at
http://link.latimes.com/r/VKC7L0/LUYYX/MPRQCA/PFJ3E/5CF74E/SN/t.

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Posted By # to BN at 9/18/2009 06:07:00 PM

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