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The article makes these points about California: "Eight million jobs have been lost nationwide since the recession began two years ago, and by some measures wo
by skmurphy 17y ago
The article makes these points about California:
"Eight million jobs have been lost nationwide since the recession began two years ago, and by some measures workers face the worst job market since the Depression. The average laid-off worker has been without a job for 61/2 months, a post-World War II record. Many of those workers will never recover financially.
California's hole, deepened by a state budget mess and volatile tax system, is far worse: Unemployment is at 12.2 percent, third highest in the nation; and adding discouraged and part-time workers puts it over 20 percent."