Sep
16th
California Jobless Rate Climbs to 12.1 Percent
By Frank Galvano
California Jobless Rate Climbs to 12.1
Percent
The California Employment Development Department reported on Friday that the state's jobless rate climbed for a second consecutive month in August to 12.1 percent. Most of the decline, the agency said, was caused by a slowdown in the state's struggling construction industry. The unemployment rate had been in decline since March before reversing direction in July, when it climbed back up to 12 percent. At 12.1 percent, California's jobless rate is higher than any other state in the nation except Nevada, which is struggling to deal wit 13.4 percent unemployment.
The California Employment Development Department reported on Friday that the state's jobless rate climbed for a second consecutive month in August to 12.1 percent. Most of the decline, the agency said, was caused by a slowdown in the state's struggling construction industry. The unemployment rate had been in decline since March before reversing direction in July, when it climbed back up to 12 percent. At 12.1 percent, California's jobless rate is higher than any other state in the nation except Nevada, which is struggling to deal wit 13.4 percent unemployment.
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