Comment on California unemployment rate rises to 12.4%

California unemployment rate rises to 12.4%

The state loses 33,500 jobs in August, the third straight month of payroll cuts. California has lost 113,100 jobs since August 2009, when the unemployment rate was 12%.California lost 33,500 jobs in August, marking the third straight month of payroll cuts and pushing the unemployment rate up to 12.4%.

 

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