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  Topic: California jobless rate falls to 9.8%,
lowest in almost 4 years
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California jobless rate falls to 9.8%,
lowest in almost 4 years

Los Angeles Times, by Ricardo Lopez

Original Article

Posted By:LittleHoodedMonk, 12/21/2012 11:53:01 AM

With one of the strongest holiday shopping seasons in years, a surge in hiring by retailers helped lower California´s unemployment rate in November to its lowest level in almost four years. The state´s jobless rate fell to 9.8% from 10.1% in October, according to data released Friday by the U.S. Bureau of Labor Statistics. The drop in the unemployment rate came even as the state´s labor force – the number of people who are able to work and either have a job or are looking for one – grew by 34,100 people in November. A growing labor force is typically a sign that job seekers feel encouraged to resume looking

Comments:
Can you even begin to imagine a headline like this during the Bush Administration being good economic news? They need to include those in the "statistics" that want to work, but are better off with government handouts.

  

Post Reply  

Reply 1 - Posted by: bassman, 12/21/2012 11:54:28 AM     (No. 9077884)

The rate is sure to fall when people are leaving the state in droves.


Reply 2 - Posted by: VinGoombatz, 12/21/2012 12:08:08 PM     (No. 9077915)

whistling past the graveyard?


   

 

  


 
Reply 3 - Posted by: Safari Man, 12/21/2012 12:09:06 PM     (No. 9077921)

Who needs a job? Why work? Utopia doesn´t involve labor.


Reply 4 - Posted by: cal riptide, 12/21/2012 12:15:28 PM     (No. 9077937)

This headline is total B.S. The U5/U6 rate is around 27%. People have just given up and many are leaving the state; around 80,000 per year. The only people being hired are non anglo government workers. California is dead and you can stick a fork in it. In the last year alone, 25,000 millionaires have fled the state.


Reply 5 - Posted by: Noj15, 12/21/2012 12:19:43 PM     (No. 9077948)

Just reported this morning: Chevron is taking 800 jobs out of California to the state of Texas. This article is just another lie from the LA Times. Jerry Brown. Fail.


Reply 6 - Posted by: fritzilou, 12/21/2012 12:19:51 PM     (No. 9077949)

Did there unemployment insurance end and how many left the state to get jobs elsewhere, which lowered the unemployment rate in CA.


Reply 7 - Posted by: strike3, 12/21/2012 12:21:28 PM     (No. 9077956)

.3% drop was certainly a nosedive for you folks. Just wait a few months and you will see the far side of 12% when your messiah´s taxes and fees kick in. You´re probably on track to lose 10% of your population of workers first.


   

 

  


 
Reply 8 - Posted by: OdinsAcolyte, 12/21/2012 12:25:53 PM     (No. 9077972)

pi1tiful.


Reply 9 - Posted by: august9, 12/21/2012 12:33:48 PM     (No. 9077991)

Read the first sentence!

What do they think will happen in January? I doubt that retailers will hang onto their staff in anticipation of Valentines Day!


Reply 10 - Posted by: JAN, 12/21/2012 1:20:30 PM     (No. 9078065)

And we thought that once the election was over (stolen) that the lies would stop.

We were so wrong.


Reply 11 - Posted by: lylacat, 12/21/2012 2:02:38 PM     (No. 9078139)

If anyone really believes these numbers they have to be a moron. I live in California; I have never known so many friends who cannot find work. Most are leaving the state.


Reply 12 - Posted by: right-turn, 12/21/2012 2:52:06 PM     (No. 9078209)

Why look for work when it´s better to sit on your butt and spend others people´s money.
These people are not included in the jobless figures.


   

 



 
Reply 13 - Posted by: Spidey, 12/21/2012 3:21:46 PM     (No. 9078252)

They probably want you to believe Brown´s big tax increase had led to more hiring so it´s a hint for the whole country.


Reply 14 - Posted by: viking diver, 12/21/2012 4:37:01 PM     (No. 9078384)

The government idiots don´t count those who are off unemployment insurance, don´t count those underemployed or those who don´t look for work. That 3 year extension zero so graciously gave using our tax money is over and every month more and more will be dropped from the unemployment statistics


Reply 15 - Posted by: thewarden, 12/21/2012 6:10:48 PM     (No. 9078488)

I work in retail and we hired 80 seasonal workers at our store in November and are keeping none. Zero. Merry Christmas, Barry!


Reply 16 - Posted by: lotsamojo, 12/21/2012 7:37:42 PM     (No. 9078587)

Any available data on outgoing moving vans and U Haual trailors?



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