California Unemployment Rate Holds at 9.8%, Highest in U.S.

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resume(LA Times) — California’s jobless rate was unchanged at 9.8% in January for the second straight month, and that lack of improvement put the Golden State in a tie with Rhode Island for the worst unemployment in the U.S.

On the other end of the spectrum, North Dakota had the lowest jobless rate, 3.3%, the government said Monday in releasing updated and revised employment data for all 50 states.

California will release its county-by-county breakdown of jobs Friday, which economists expect will reflect the slow growth that is predicted in the state for 2013.

“We are expecting growth to pick up in the latter part of the year and in 2014, and the unemployment rate to come down at that point,” said Jerry Nickelsburg, a UCLA economist who writes a quarterly economic forecast on the Golden State.

 

Read more at latimes.com

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