California posted higher-than-expected job losses in September, a sign that the state's employment woes continue even amid indications of a broader economic recovery.Prob'ly because they don't have enough Democrats in their legislature...
| Employers cut 39,300 workers from their payrolls last month. That's nearly six times the number of jobs the state now says were lost in August, led by cuts in construction and government. |
They should pass a law forcing the employers not to cut their payrolls. That'd fix things.
A separate survey of joblessness showed that California's unemployment rate was 12.2% in September, down from a revised 12.3% in August. The unemployment rate in September 2008 was 7.8%. "It is discouraging," said Esmael Adibi, an economist at Chapman University. "We want to see job losses go down and the pace slow down, but we didn't see it."
"Obviously we need to pass more laws!"
California's unemployment rate is well above the national rate of 9.8%.
No one's quite sure why...
The state's job losses were especially pronounced in construction, which lost 14,100 jobs over the month, and government, which lost 12,700.
That's 12,700 relatives and sexual partners thrown onto the dole...
Cutbacks in government employment, which includes public schools, are partly to blame for the state's lackluster performance this month, said Stephen Levy of the Center for the Continuing Study of the California Economy. "We are disproportionately hit in the government sector because our state and local governments are having worse budget shortfalls than in other states," he said.
There are some that would say that's because during the seven fat years they didn't set aside for the seven lean years, but what do they know?
Los Angeles County's unemployment rate soared to 12.7%, up from 12.2% the previous month. The county has lost 164,200 jobs over the last year.
Sounds like another tax increase on the horizon...
Unemployment rates in the other four counties in Southern California all declined in August. Orange County's jobless rate was 9.4% in September, down from a revised 9.8% in August. Hard-hit Riverside and San Bernardino counties posted an unemployment rate of 14.2%, down from 14.6% in August. Ventura County's unemployment rate was 11%, down from a revised 11.3% in August. San Diego's unemployment rate dipped to 10.2% in September from 10.6% in August. Imperial County continued to have the highest rate in the state, and one of the highest in the country, in September at 30.1%. Others were Merced County at 15.7%, Trinity County at 15.9%, and Yuba County at 17.8%.
They're gonna have to elect a lot more Dems to get those numbers turned around. They're just not hopey-changey enough...
The state has lost 732,700 jobs over the last year, with 144,000 of those losses occuring in construction. California's construction sector has shed more than 300,000 jobs since its pre-recession peak in early 2006.