Local News

Mar 26, 2010 11:44 AM by Bethany Tucker

California's unemployment rate holds steady for February

California's unemployment is hovering at the all-time high rate of 12.5 percent.

That's the most recent news from the California Employment Development Department. It says Californians lost some 20,400 jobs in February. That rate is unchanged from January's unemployment rate. To provide some perspective on the economy, the unemployment rate sat at 10.2 percent in February of 2009.

The nation's unemployment now sits at 9.7 percent.

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