The unemployment rate in California dropped below 10 percent in November, while most Bay Area counties saw similar or slightly lowered unemployment figures from October, according to a state employment report released Friday.
The state Employment Development Department reported the rate was 10.1 percent in October, down from 10.2 percent a month earlier.
California’s jobless rate remained unchanged at 10.7 percent in July as the state saw slow employment growth, adding a little more than 25,000 jobs.
California’s unemployment rate fell below 11 percent in January for the first time in nearly three years.
Sellers of high-end homes and cars in Silicon Valley have talked to customers who are more optimistic than ever about the economy in 2012.
The state’s unemployment rate is well above the nation’s rate, which decreased to 9.4% in December.