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California Employment at Record Low
Posted By yihan On September 5, 2011 @ 2:11 am In Money Watch | Comments Disabled
Monday, September 5, 2011
The percentage of working-age Californians with jobs has fallen to a record low, and employment may not return to pre-recession levels until the second half of the decade, according to a research group.
Just 55.4 percent of working-age Californians, defined as those 16 or older, had a job in July, down from 56.2 percent a year earlier and the lowest level since 1976, the Sacramento- based California Budget Project said in a report released late yesterday.
California’s 12 percent unemployment rate in July, the nation’s second-highest after Nevada, compared with 9.1 percent nationwide. The most-populous state lost 1.4 million jobs during the recession that began three years ago, and has gained back only 226,800, or about 17 percent, according to the report.
Alissa Anderson, deputy director of the research group, which concentrates on issues facing low- and middle-class Californians, said women have disproportionately trailed men in regaining jobs.
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URLs in this post:
 Bloomberg: http://www.bloomberg.com/news/2011-09-04/california-employment-level-sinks-to-record-low-as-fewer-women-find-jobs.html
 Canada Employment loss WAY worse than the US! ITS DOUBLE!: http://www.prisonplanet.com/canada-employment-loss-way-worse-than-the-us-its-double.html
 The Employment Rate In The United States Is Lower Than It Was During The Last Recession: http://www.prisonplanet.com/the-employment-rate-in-the-united-states-is-lower-than-it-was-during-the-last-recession.html
 California Is Broke – 19 Reasons Why It May Be Time For Everyone To Leave The State Of California For Good: http://www.prisonplanet.com/california-is-broke-19-reasons-why-it-may-be-time-for-everyone-to-leave-the-state-of-california-for-good.html
 If You Live In California Things Just Got A Whole Lot Worse: http://www.prisonplanet.com/if-you-live-in-california-things-just-got-a-whole-lot-worse.html
 1 in 4 Greek workers unemployed as joblessness hits record 25.4%: http://www.prisonplanet.com/1-in-4-greek-workers-unemployed-as-joblessness-hits-record-25-4.html
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