A very bad unemployment report for California. The trend is not going to slow down with the budget crisis forcing cuts to projects.
From the AP:
State officials say California’s unemployment rate jumped to 9.3 percent in December, capping a tumultuous year of massive job losses and a housing slump that has struck most of the country.
The jobless rate announced today by the state Employment Development Department represents a jump from the 8.4 percent figure in November 2008.
Officials say some 1.7 million Californians were looking for work last month — up by 166,000 since November and up 653,000 since December 2007.