Recessionomics: An unhappy statistic
on February 27, 2009
Bad news out of California’s Employment Development Department: the unemployment rate in the state is now officially in the double digits, clocking in at 10.1%. This is the first time we’ve hit double digits since June 1983, and it’s a pretty staggering jump from the rate at this time last year: 6.1%. A conspicuous milestone, to say the least…
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