Saturday, January 24, 2009

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California jobless rate hits 9.3%

California's unemployment rate jumped to 9.3% in December from 8.4% in November and 5.9% a year earlier as job cuts swept across most industries, with recession tightening its grip on the most populous U.S. state, officials said Friday.

California's December jobless rate marked a 14-year high for the state and was significantly higher than the month's national average of 7.2%, underscoring a surge in job losses over the last three months of 2008, said Patti Roberts, a spokeswoman for the state's Employment Development Department.


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