California Jobless Rate Dips To Lowest Level Since 2009

SACRAMENTO (CBS/AP) — California’s unemployment rate fell below 11 percent in January for the first time in nearly three years.

The state Employment Development Department reported on Friday a jobless rate of 10.9 percent, down three-tenths of a percentage point drop from December’s adjusted rate of 11.2 percent.

California’s unemployment rate last fell below 11 percent in April 2009, when it also was 10.9 percent.

January was the fifth consecutive month in which the employment rate has dropped.

Officials said the news signals a continued gradual improvement in the state’s economy.

The state’s jobless rate remains above the national rate of 8.3 percent for both January and February.

Nonfarm payroll jobs decreased by 5,200 in January from adjusted December figures.

The state has added 322,400 nonfarm jobs since the recovery began in September 2009.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

  • PLW

    It is just a play on numbers, including those that can no longer file unemployment….. California is still on a financial downhill run and it is not going to change until the Elitist Liberal Progressive Democrats are voted out of office. You cannot fix STUPID, but you can vote them out of office in 2012!!!!!!!

  • Jody

    “The state has added 322,400 nonfarm jobs since the recovery began in September 2009”

    Recovery????? 10.9 %unemployment is something to celebrate as “recovery.” This is just another pitch to re-elect Carter 2.0, I mean Obama.

  • Jackie

    Unemployment down – just a play on words – the tech company is hiring a NEW Grad.. I realize that a new grad is unemployed but was not on the unemployment rolls. When are you going to count the REAL numbers of the unemloyed. Get the news right for a change.

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