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megimoo
03-01-2009, 02:32 PM
State (CA) caught in avalanche of job losses

After steep January cuts, more than 1 in 10 Californians is out of work. It's even worse in L.A. County. Unemployment in California shot up to its highest level in nearly 26 years in January, leaving more than 1 in 10 workers without a job. Figures released Friday show that 79,300 jobs were lost in the state last month, bringing the total number of unemployed to 1,863,000, or 10.1% of the workforce. That's the highest since the rate touched 10.4% in 1983. Conditions are even worse in Los Angeles County, which saw its unemployment rate jump to 10.5% in January...


http://www.latimes.com/business/la-fi-jobs28-2009feb28,0,7903208.story

lacarnut
03-01-2009, 04:49 PM
These liberal Democratic assholes in Sacramento have spent, spent, taxed, taxed their way into a sea of red ink. They show no sign of fiscal restraint cause they know the politicians in DC will bail them out.