California Unemployment Rate Up 150 Basis Points Year Over Year
August 1, 2008
The latest unemployment numbers for the state of California indicate that the rate has jumped significantly from last year. Last June, the seasonally adjusted unemployment rate in the state was 5.3%, June’s preliminary numbers are 6.9%, up a further 10 basis points from May’s 6.8%.
To put in perspective the unemployment rate cycle in California, below is a chart of California’s unemployment rate since 1990:
Similar Posts:
- Unemployment Rate Update
- 533K Layoffs Nationwide in November; California, Silicon Valley Unemployment Rate Update
- September 2008 Unemployment Numbers
- Unemployment Rate Darts to 6.5%; Up 40BP from September
- California and Silicon Valley Unemployment Rate Numbers
No comments yet.