California Jobless Rate Climbs

While some have declared the recession over, more or less, California's job rate might disagree. In August, we witnessed the jobless figure "climb to 12.2 percent last month, the highest on records dating back to the 1970's,"n according to CBS5/AP. But California wasn't the only state to see crowds converge at unemployment offices. "Forty-two states lost jobs last month, up from 29 in July, with the biggest payroll cuts coming in Texas, Michigan, Georgia and Ohio." Sigh.