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State Unemployment Yet To Peak

Los Angeles, CA — A new economic forecast predicts the California economy is in for a rough 2009.

The quarterly Anderson Forecast from UCLA says unemployment is going to continue to be a major factor in the state, with the jobless rate peaking next year at 8.7 percent meaning that nearly one in 10 Californians will be out of work.

Unemployment is expected to continue at that level into 2010.