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12-20-2008, 04:12 AM #1
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Calif. unemployment rate jumps to 8.4 percent
Calif. unemployment rate jumps to 8.4 percent
By MARCUS WOHLSEN
California's unemployment rate climbed to 8.4 percent in November, the third-highest rate in the nation, federal officials said Friday.
The jobless rate announced by the U.S. Department of Labor was up from 5.7 percent a year earlier, and 8.2 percent in October. Only Michigan and Rhode Island posted higher jobless rates than California.
The agency said California shed 41,700 jobs last month, bringing the total jobs lost over the past year to 136,000. Florida and North Carolina were the only states to lose more jobs in November.
The U.S. unemployment rate rose to 6.7 percent in November -- a 15-year high. The nation lost 533,000 jobs last month, the largest monthly job loss in 34 years.
Just over 15 million Californians held payroll jobs last month. The number of people unemployed in California rose to 1.56 million, up by more than a half-million since November 2007, state officials said.
Of those unemployed, 679,200 were laid off, 97,200 left their jobs voluntarily, and the remaining were new to the labor market last month.
The jump in joblessness comes as California's unemployment insurance fund teeters on the brink of insolvency. The fund is expected to have a deficit of $2.4 billion at the end of 2009.
To keep unemployment checks coming, the state may have to borrow from the federal government for only the second time since the program was established in the 1930s.
Gov. Arnold Schwarzenegger cited Friday's numbers after vowing to veto an $18 billion deficit reduction plan that Democrats pushed through the Legislature on Thursday. The Republican governor said the plan didn't include the economic stimulus package he demanded.
"I've said countless times that any budget plan sent to my desk must include real stimulus that creates jobs," Schwarzenegger said in a statement Friday.
http://www.businessweek.com/ap/financia ... 5VO800.htmJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 09:33 AM #2
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Yet Mexifornia still continues to provide healthcare, welfare, education, foodstamps, unemployment insurance and jobs to illegal aliens with the LA county supervisor saying illegal immigration is having a devastating financial impact on his county. This "government" is determined to destroy this country for open borders, cheap illegal labor and illegal alien votes.
There is no freedom without the law. Remember our veterans whose sacrifices allow us to live in freedom.
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12-20-2008, 11:44 AM #3
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You don't have to tell me! I'm a college grad and have been unable to find employment in this state for two years! I'm going to be the one standing in front of Home Depot if things do not change. Hopefully, the illegal invaders will find it in their heart to allow me to share a street corner or sidewalk, while I seek work in my own country!
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 01:39 PM #4Originally Posted by retiredairforce
Grrr...dont remind me!Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 01:48 PM #5Originally Posted by NoBuenoJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 02:38 PM #6
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Originally Posted by Bowman
It just keeps getting better doesn't it!Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 02:38 PM #7
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Originally Posted by Bowman
It just keeps getting better doesn't it!Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 02:41 PM #8
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so Dye your skin, say no speak Englise while eating a burrito at home depot.. maybe that will confuse corrupt business owners long enough to get a job
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 03:24 PM #9Originally Posted by NoBueno
Or ask your City to adopt an ordinance requiring all employers use e-verify.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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12-20-2008, 04:14 PM #10
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Originally Posted by Bowman
But thanks for the suggestions....Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
10% To 27% of 30 Million Non-Citizens Are Registered To Vote
05-15-2024, 10:29 AM in General Discussion