California’s Unemployment Rate Drops

This was quite a shock to me, a positive one though! It’s probably a one-time dip since the State of California will be laying off many as they try to fix the $25 billion budget:

California’s unemployment rate dipped slightly to 11 percent last month, although the state lost 63,700 jobs, the federal government reported today.

The Bureau of Labor Statistics said California unemployment fell two-tenths of a point even though the state’s job loss was the highest in the country.

At 11 percent, California had the fifth-highest unemployment rate in the country. Michigan’s was first, at 12.9 percent.

Unemployment rates for Sacramento and other metropolitan areas were due to be released later today.


10 Responses to “California’s Unemployment Rate Drops”

  1. 1 wordtown May 25, 2009 at 1:05 PM

    Surprising that jobs are slowly starting to open up in our economy. Everywhere I go I hear people talking about jobs and how you’re lucky if you have one. I guess you are lucky if you have one and might want to hold on to it. But I’m glad jobs are starting to go up. Hopefully it gets things going in our economy, especially in California.

  2. 2 Carl Hernandez May 25, 2009 at 2:54 PM

    I wouldnt just look at the unemployment rate, almost 10% of Americans are on food stamps. How much longer can a society exist in which close to 50% are on some sort of Government assistance? As more and more people lose their jobs, more and more people will need taxpayer assistance, but fewer and fewer taxpayers will be able to cover the costs.

  3. 3 Andrew Curry May 25, 2009 at 6:45 PM

    I’m not sure if anyone has read the Jobs Listings section in the paper lately but im pretty sure taht there are only about 10 offering in ALL of napa county. i dont see taht as in improvement since there used to be at least 50. We have the 5h worst unemployment rate in the state and it definetly shows

  4. 4 Claudio Ramirez May 25, 2009 at 11:41 PM

    I guess you could say thats of no surprise and hopefully its a positive sign of things to come and people have to also understand that yes California’s unemployment rate might be the 5th highest in the nation but its population is also one if not the highest in the country so those numbers are a little decieving I must say.

  5. 5 quique May 26, 2009 at 8:13 PM

    I am very glad to hear that the unemployment rate in california took a dp down. this could be a sign that things will get sooner rather than later. now i think it is up to us as citizens to make sure we keep those jobs. and not to worry that much.

  6. 6 quique May 26, 2009 at 8:19 PM

    i am very happy to hear that jobs are starting to open up in our economy. I believe that this is a sign that things will get better rather than later. however i believe that it is our job to make sure that we secure our jobs. This could be a sign that shows people that they dont have to be scared anymore and that they could in fact start to spend money but spend it wisely.

  7. 7 Kit t Kat June 23, 2009 at 8:59 PM

    Great news the unemployment rate is dropping. People depend on jobs for security and a sense of contribution to society. And others depend on workers to help them, like doctors, lawyers, retail workers, and garbage men. Hopefully depression will disappear in people who get a job. When people don’t have a job sometimes they kill and lose hope because they don’t have good income or feel useful.

  8. 8 Tanisha/ Econ 100 July 9, 2009 at 1:13 PM

    It was a wonderful thing that jobs were going up, but look at us now. It is too soon to get happy about anything. Our economy is too unstable. We should take a look at what was done differently to make the unemployment rate drop and keep doing that. I will not beleive that our economy is actually improving until we have steady numbers over a coarse of at least 9 months.

  9. 9 wongt August 5, 2009 at 11:36 AM

    While this seems to be good news, it is a normal fluctuation in the normal chain of events. There is still a lot of work that needs to be done to undo a lot of the bad things that got us here in the first place. It took a good amount of time for America to dig itself into this hole, so it will not change in such a short amount of time.

  10. 10 Kittygirl707 August 6, 2009 at 3:24 PM

    What is this article really telling us? There’s not much sustenance unfortunately.

    Good News! (jobless rates fall)
    Bad News! (California lost 63,700 payroll jobs — the worst of any state)
    More Bad News! (We were still an economy plunging into recession)
    As expected! (Much of the job growth was seasonal)
    More Bad News! (Retailers continued to pare back, eliminating 900 jobs)

    I mean, really, the headline is a setup for more of the same depressing figures. How about either keeping on the “happy” theme and following up a positive headline with positive results?

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