Note the spike up after the 1937 recession.
Posted on 03/20/2009 2:18:09 PM PDT by Steelfish
State jobless rate at 25-year high
Tom Abate, Chronicle Staff Writer
Friday, March 20, 2009
SAN FRANCISCO -- The state unemployment rate jumped to 10.5 percent in February, a level not seen since 1983, as employers cut 116,000 payroll jobs in an economic slide that has left 1.95 million Californians out of work.
The U.S. unemployment rate for February was 8.1 percent. During the Great Depression unemployment was reckoned as high as 25 percent.
The Bay Area job market continued to fare slightly better than the state average but there was considerable variation among the region's three major metropolitan areas.
The picture was brightest in the economic zone comprised of San Francisco, San Mateo and Marin counties, where the February jobless rate was 7.8 percent.
Metropolitan San Jose, made up of Santa Clara and San Benito counties, had the worst rate in the region at 10 percent.
(Excerpt) Read more at sfgate.com ...
Just out of curiosity ... is the SFC printing job ads?
It’s going to be at a 25,000 year high when Obammie and his boys shove their “Easy street to citizenship” amnesty gig down America’s throat.
This is why the S.F. Chronicle is a failing newspaper. It’s one of the worst newspapers in the country for a major city. If the Chronicle does go out of business, that would be a good thing.
Bush was in office for just a few months when the media and dems started saying “Bush recession” in unison.
All the problems that surfaced were blamed on Bush, because they happened “on Bush’s watch”
Interesting how the same standards are NOT applied to the current occupant of the White House.
send the illegals home and put the unemployed to work!
I support bolstering California’s employment rate. The alternative is having all those commie-libs move to other states and vote for people who will kill economies elsewhere. It’s already happening all over the West.
Maybe we should sell California to the Chicoms. Then the liberals would all stay put - at least until we figure out a way to ignite the Great Quake.
Note the spike up after the 1937 recession.
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