Sunday, September 18, 2011

Life in "Progress" State - California edition

The unemployment picture in California – the largest state by population – worsened in August, as the jobless rate ticked up to 12.1 percent.

Only neighboring Nevada – at 13.4 percent -- has a higher unemployment rate in the nation. (On the whole, the jobless rate for the country is at 9.1 percent).

California’s Employment Development Department (EDD) said employers in the state slashed payrolls by 8,400 during the month. The government in particular is shedding positions at an alarming rate – local and state government agencies cut 3,600 positions in August.

Since March, California employers have added only a net 11,000 jobs.

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