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CALIFORNIA NEWS
California unemployment rate hits 12.5 percent
Posted: Nov 20, 2009 8:43 AM
Updated: Nov 20, 2009 8:43 AM
SAN FRANCISCO (AP) - California's unemployment rate rose to 12.5 percent in October to set another modern record.
The U.S. Bureau of Labor Statistics says California was one of 29 states reporting unemployment rate increases. Only three states - Michigan, Nevada and Rhode Island - had higher rates than
California last month.
The rate is just slightly higher than September, when officials reported a jobless rate of 12.2 percent. It was 8 percent a year ago.
The national unemployment rate rose to 10.2 percent in October.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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