State’s unemployment rate hits 12.5 percent

Posted By Stephen Frank on March 9, 2010

While the unemployment rate in the rest of the nation has stabilized, California’s rate continues to climb.

“California’s unemployment rate jumped to its highest level in more than three decades in January, but the trends in state and national reports released Friday appear to be improving.

The record 12.5 percent unemployment rate was up from a revised 12.3 percent in December.”

AB 32 is killing investment. High taxes is scaring families. Deficits are demanding government take more taxes and fees to cover the incompetence. Our schools are famous for being union run, with poor results.

Still time for a voter revolt while productive people still live in California.

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Stephen Frank

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