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 California Jobless Rate Tickles 12%Posted on Aug 22, 2009
Talk of an economic rejuvenation in recent weeks got a sobering smack in the face Friday as California’s jobless figures were released. The Golden State’s unemployment rolls reached 11.9 percent in July, a post-World War II high.
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By Advertising Jobs, December 7, 2010 at 2:56 am Link to this comment
I am not certain that this figure is accurate as with all of the government rebates and financial support this figure may be inflated.
Report thisBy Julia Baker, November 26, 2010 at 1:55 am Link to this comment
(Unregistered commenter)
Unfortunately, 12% is where the unemployed will stay unless we can reinvent and remove the fear from, not only businesses, but the whole of US economic strategies. You are correct, we must begin by looking within in order to free the fear.
Report thisBy ChaoticGood, August 22, 2009 at 8:28 pm Link to this comment
11.9 percent today and of course, as usual, this number does not include the tens of thousands of people whose unemployment checks have run out. They are NOT COUNTED.
Nor does it count the thousands who are technically employed because the definition of employment is that you worked at least 1 HOUR FOR PAY during the last week!!! Those lucky people who worked 1 hour last week are not counted either.
It also does not show the underemployed who cannot get full time only part-time employment. Those are not counted either.
So first of all the unemployment rate is at least double that which is reported. The real rate is over 20% right now and climbing.
Now lets factor in the fact that we have not even begun to forclose on all the commercial property that has turned “toxic”.
Next, how do you think the upcoming “Christmas Season” retail sales are going to look this year?
We haven’t reached bottom yet, so we will look back at the “good ol’days” when unemployment was only 11.9 percent.
Report thisBy Dominic Son, August 22, 2009 at 11:34 am Link to this comment
(Unregistered commenter)
It’s all boils down to one’s own true talents. That’s why friends and others can help give insights and reflections based on how one expresses themselves through their cover letter and resume (check out resumerace.com). Its time to evolve and look within people! Do what you love and truly enjoy as supposed to being a slave to $$$. Yes, that means it may have to cost you your iphone or nice car (in the short term)…
Report thisBy Dominic Son, August 22, 2009 at 11:31 am Link to this comment
(Unregistered commenter)
We must look within, instead of always looking outwards and looking for any jobs there are. That’s why friends and others can help give insights and reflections based on how one expresses themselves through their cover letter and resume (check out resumerace.com). Its time to evolve and look within people! Do what you love and truly enjoy as supposed to being a slave to $$$. Yes, that means it may have to cost you your LV bag or bimmer (in the short term)…
Report this