Comment on California unemployment rate jumps to 9.3% in December

California unemployment rate jumps to 9.3% in December

The December level, up from 8.4% in November, is the highest in 15 years, highlighting the severity of the economic slowdown. The jobless rate in Los Angeles County was 9.5%. California's unemployment rate jumped to 9.3% in December, highlighting the severity of the economic slowdown as the state heads into a second year of recession.

 

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