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California unemployment rises to 11.5% in May

Posted By admin On June 19, 2009 @ 10:20 am In Money Watch | Comments Disabled

Mark Lifsher
L.A. Times [1]
Friday, June 19, 2009

Reporting from Sacramento — California’s unemployment rate shot up to 11.5% in May, its highest level since current record-keeping began more than three decades ago.

That’s a substantial increase over a revised rate of 11.1% in April, the U.S. Department of Labor reported this morning.

The national unemployment rate for May was 9.4%.

Full story here. [1]


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[1] L.A. Times: http://www.latimes.com/business/la-fi-california-jobless20-2009jun20,0,3863292.story

[2] Image: http://www.efoodsdirect.com/ammo-food.html?aid=14&adid=5

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