California Unemployment Rate Drops To 11.3 Percent

SACRAMENTO (CBS/AP) – California’s unemployment rate fell to 11.3 percent in November, the lowest it has been since May 2009, according to state officials.

The state Employment Development Department released the new numbers Friday, signaling good news for a state that has been mired in a dismal economy for more than 2 years.

November’s rate was down from 11.7 percent the previous month, as the state added another 6,600 jobs.

KCBS’ Matt Bigler Reports:

The EDD says California has gained more than 211,000 jobs since the start of 2011. The state’s number follows a national drop to 8.6 percent in November.

Still, more than 2 million people remain out of work in the state.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

  • Babaloo10

    Every little bit of the 1/10th of 1% helps! After Christmas, it will probably drop again, unless the hiring of tax preparers will help! Sorry to be so negative but when both adults are out of work in CA, it’s hard to be positive with this miserable number. I believe it’s much higher though.

  • moravecglobal

    As businesses, higher education, states, counties, cities stumble through the recession some are in a phase of creative disassembly. University of California Berkeley Chancellor Birgeneau ($450,000 salary) and his $7 million outside consultants use “Operational Excellence (OE)” to fire 2,000 by end 2011. OE removes inefficiencies created by Birgeneau’s leadership and calls them “savings”.

    Yet many cling to an old assumption: the implied, unwritten management-employee contract. Management promised work, upward progress for employees fitting in, employees accepted lower wages, performing in prescribed ways, sticking around. Longevity was good employer-employee relations; turnover a dysfunction. None of these assumptions apply in the 21 century economy. Businesses, universities, public institutions can no longer guarantee careers, even if they want to. Managements paralyzed themselves with a strategy of “success brings successes” rather than “successes brings failure’ and are now forced to break implied contract with employees – a contract nurtured by management that future can be controlled.

    Jettisoned employees are discovering that hard won knowledge earned while loyal is no longer desired in employment markets. What contract can employers, employees make with each other?

    The central idea is simple, powerful: job is a shared partnership.
    • Employers, employees face financial conditions together; longevity of partnership depends on how well customers, constituencies needs are met.
    • Neither management nor employee has future obligation to the other.
    • Organizations train people.
    • Employees create security they really need – skills, knowledge that creates employability in 21st century economies
    • The management-employee loyalty partnership can be dissolved without either party considering the other a traitor.

    Sustained employability in the 21st century economy is security. Employability: have you checked if you are employable in the job market?

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