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California's unemployment rate holds steady for February
Posted: Mar 26, 2010 8:44 AM by Bethany Tucker
Updated: Mar 26, 2010 8:44 AM
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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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