California unemployment rises in July to 12%

LA Times ^ | 8/19/11 | Marc Lifsher

[NormsRevenge]

California's stubbornly high unemployment rate rose even higher in July, climbing two-tenths of a percentage point to 12%, the U.S. Department of Labor reported Friday.

It was the second straight monthly increase in joblessness as measured by a federal survey of households.

California's unemployment rate was the second-highest in the nation, exceeded only by Nevada at 12.9%.

Interactive: Track U.S. unemployment

The state's employers added a modest 4,500 new jobs to payrolls, according to a separate monthly check of businesses. Last month, there were a revised 30,500 new jobs.

That level of growth, while welcome, is not strong enough to put a dent in California's large pool of out-of-work people, analysts said.

"This is much like we've been seeing, slow growth," said Howard Roth, chief economist for the state Department of Finance. "But, recently, [unemployment] has been going the wrong way on us."

National unemployment in July was 9.1%, a slight improvement over June's 9.2%. Non-farm employment increased by 117,000.

[NormsRevenge]

Some of the nation's highest office holders and congre$$ional leadeers are from these two states.

You see how much they care about their own constituents and how well they take care of their own.

This is what awaits the rest of the nation .. and more..

Re-Elect Obama? and sign up for the 'Socialism Works' suicidal economic death pact.

[Terry Mross]

There are some tough times ahead no matter which state you’re in.

[RC2]

More Fed regulations + more state regulations = more unemployeed = less revenue for the state and the feds = higher taxes for those that are working. Makes sense....right?

[ClearCase_guy]

Absolutely cannot say this is unexpected.

[proudpapa]

Obama won California with 61% of the vote...

I wonder how high unemployment would have to go in 2012 before they would vote for the American.

[AFreeBird]

Have no fear, Guv. Moonbeam and the legislature will make Kalifornia the business friendliest state in the union..... Any time now..... Wait for it.......
Wait....

What?

[AFreeBird]

>>> There are some tough times ahead no matter which state you’re in. <<<

Unless you’re a democrat and you live in the state of De Nile. Or it’s sister state: Delusion.

[rod1]

Hmmm..... So it is probably worthwhile to compare CA and NV economic stats to TX maybe?? I wonder what the difference in leadership/representation is between those states?

[pallis]

California has a lot of oil that isn’t being exploited, enough to cover the bills and create jobs.

[political1]

Children don't work, retired people don't work. sick people don't work. How do they count the employment rate. If 30% of the people work for the local/state/federal government. Do we take the unemployment rate out of the 70% remaining. Best I can figure is 63% of the WORKING POPULATION is paying for everybody else. Notice I said working population. If someone calculated the non-working population against the working population. Then take the public sector workers against the private sector workers, One would start to see the actual revenue enhancers are a very small section of the population.

[Oatka]

Have no fear, Guv. Moonbeam and the legislature will make Kalifornia the business friendliest state in the union

Just got a note from AuctionArms (on-line firearms auction) that they have left Kali and relocated to business-friendly Utah.

And the beat goes on.

[MNDude]

Maybe the halting of Illegals will help?

[stocksthatgoup]

Taxes and fees will be raised again and again until public confidence improves.

[OldGoatCPO]

That is true but only to a degree. While I will feel the increases in inflation and taxes, ours is a right to work State. The area I am in has only been moderately impacted by the ongoing recession. While this State has problems, it also has options that States like Cali and Illinois nolonger have. Cali’s only choice is to tax-baby-tax. Which of course will drive buisness into Nevada and evil Arizona. While we have a large hispanic population of free-riders it does not even come close to Cali and Illinois problems.

[ExtremeUnction]

Real unemployment is much higher. What about all the folks who fell off the rolls after their unemployment insurance expired? What about all the folks who lost their jobs at age 62 and were forced to take early S/S? It's way worse than 12%.

Hell is other people." ~ Jean-Paul Sartre

[OldGoatCPO]

I read recently that we have reached the threshold where every worker is now paying for two non-workers. This is brought on by the retirement of baby-boomers. Before I get jumped. Baby boomers paid into the systems with government assurance and are not to blame for the poor management of the country. Those baby boomers who worked and paid taxes, paid into SS and Medicaid are not freeloaders.
That said, with welfare recipients not being counted as unemployed, I am guessing your estimate of 63% is high.

[Cheetahcat]

ONLY 12% !!! it should be like Detroit in the 20’s.

[ken21]

the democrats have destroyed the californicate.

[Opinionated Blowhard]

stubbornly high

That's what it is? "Stubborn" suggests that it should be going lower but for some irrational reason it is not. Its almost comical the way the LAT characterizes it. Unemployment is behaving very rationally in California. The state is a tax and regulation cesspool. No one is going to hire so unemployment logically remains high.

[ChinaGotTheGoodsOnClinton]

As a former Left Coaster (I left before the real estate crash) I can’t say these people don’t deserve it.

I still shake my head when I think of the debates when Whitman said: “I think I deserve better than this. I think California’s deserve better than this” and she received boos from the Union thugs.

“Boooo. We don’t deserve better. Nnnnoooo!”