X
Visit Full Site

Unemployment Rate Grows

Published Nov 9, 2001 5:40 pm : Updated Jan 31, 2009 5:56 pm

A study by the state Employment Development Department says California´s unemployment rate has grown from 5.4 percent to 5.7 percent in October.

The spike comes as many of the nation´s businesses have cut production and laid-off many of their employees as a result of the lagging economy.

The study adds that about one million Californians have been unable to find work.

This post was last modified on 01/31/2009 5:56 pm