WooHoo: Socialist California Unemployment Rate Hits All Time High @ 10.1%

[HOLLYWOOD]

Watch for the major exodus of; Small Businesses, Middle Classes, and Corporations. These knuckleheads vote themselves pay raises and perks, then, increase just about every Taxes and Fee to the highest in the country. Look for more BAILOUTS the other 49 states will have to pay for irresponsible and gilded government fraud.

Revenues will drop and this will we a spiraling down economy and tax revenues, as common sense people/small business flee the Collective Communism State. Watch as Kaliornia will default and be the first state to stress test failure like the banks.

California EDD states Unemployment at 10.6% statewide
http://www.edd.ca.gov/About_EDD/pdf/urate200902.pdf


WSJ article
http://online.wsj.com/article/SB123576619171196559.html

State hit 10.1% Unemployment (By government Numbers)
http://www.ksbw.com/news/18811932/detail.html

LA county hits 10.8% Unemployment
http://www.labusinessjournal.com/ar...34435.1751425.2258688.3937858.171&aID2=134716

Sacramento State Capitol reports
http://www.sacbee.com/static/weblogs/capitolalertlatest/020160.html
[h5]February 27, 2009[/h5]
Cal's unemployment rate hits double digits
California's unemployment rate hit double digits last month for the first time in more than a quarter-century, with a half-million fewer jobholders than the state had a year earlier.
The state jobless rate of 10.1 percent was topped slightl;y by the 10.8 percent rate in Los Angeles County, the Employment Development Department said, but data for other counties are still being compiled.
The biggest job losses were recorded in the construction industry, down 15.5 percent in the last year. Overall, 1.8 million Californians were unemployed last month, about twice as many as there were before the current recession began.

"The number of Californians without jobs and a means to provide for their families is a sobering reminder that there is nothing more important than getting California's economy back on track," Gov. Arnold Schwarzenegger said in a statement. "The road to full economic recovery will not be short, but the economic stimulus measures I fought tirelessly to include in the state budget combined with the federal economic recovery agenda will help California create jobs - while laying a strong foundation for better economic times ahead."
The full EDD report is available here.



Categories: California by the Number

 

[torchbearer]

Yes we can!

 

[ihsv]

I wonder what the real figures are. A good rule of thumb is to double the government numbers.

 

[Epic]

This is good hopefully the productive members of Cali will get the hell out of there and all the freeloaders will be left trying to freeload off of themselves.

Too bad the federal government just printed 26 billion dollars and gave it to California.

 

[Cali4RonPaul]

Its really bad out here guys.. really bad.

I have been thinking of moving out of California, but I would miss the weather and sunshine. It was such a fine state in the past.. now it seems its starting to merge with Mexico.

 

[Zippyjuan]

You are cheering people losing their jobs?
People not working means people not making money to spend with your employer which could mean you eventually join them.

 

[georgiaboy]

Obviously the California government hasn't done enough.

 

[slacker921]

You are cheering people losing their jobs?
People not working means people not making money to spend with your employer which could mean you eventually join them.

+1

 

[HOLLYWOOD]

WooHoo: Socialist California Unemployment Rate Hits All Time High @ 10.1%

You are cheering people losing their jobs?
People not working means people not making money to spend with your employer which could mean you eventually join them.

Duh... You just don't get it, do you? Think about it before typing.

Glad you seem to know absolutely nothing about me... Now where's that facepalm.

 

[Lord Xar]

Its a cesspool pretty much.

On my way home from work, I always look at the pedestrians to get a bead of things to come, always have done this. All hispanic and most, illegal immigrant. The old school my daughter went to, 70% hispanic - most from illegal immigrant parents.... yes, I know this for a fact.

Sure, I am painting an anti illegal immigrant picture - but that is really a HUGE HUGE issue, yet its not really talked about. The politicians are mostly corrupt and spend spend spend. Its really terrible.

Like a previous poster, I can't see myself moving until my little enclave is over-run. I assume 5 years.

I hope somebody would hang, over all the overpasses, large signs that read:

"Welcome to Mexico"

 

[hypnagogue]

Duh... You just don't get it, do you? Think about it before typing.

Glad you seem to know absolutely nothing about me... Now where's that facepalm.

Readers shouldn't have to know your story in order to comment on your post. Starting your thread with Woohoo! isn't an appropriate way to start a thread about rising unemployment. That's all the other poster was saying.

 

[mavtek]

It actually could be a good thing, people will hopefully realize that insane taxation and socialism at the state level is bad for the economy. It may take forever (Michigan) but hopefully many with the means will move to places with economies that are still relatively good. Texas/Oklahoma.

 

[danberkeley]

Hollywood is being sarcastic.

 

[HOLLYWOOD]

WooHoo: Socialist California Unemployment Rate Hits All Time High @ 10.1%

Readers shouldn't have to know your story in order to comment on your post. Starting your thread with Woohoo! isn't an appropriate way to start a thread about rising unemployment. That's all the other poster was saying.

Appropriate... what makes you think it's a cheer
So your the morality expert, the thread police, to determine what's appropriate in thread titles now
That's not all he stated in his post, go back and reread it again
Think before you type... you don't like something, then block it out of your sight, DONE

 

[HOLLYWOOD]

Hollywood is being sarcastic.

BINGO! Give that person a Cigar... or drink, it's almost Miller time~PST

 

[2young2vote]

The solution is simple. The government should give money to the poor..i mean, their lack of money IS the problem isn't it? I know how we can get this money too. We can tax the evil corporations that laid them off. It could be like for every one person that a company laid off they will be taxed a certain amount that will cover all or part the persons earnings. This would fix everything AND it will teach those evil corporations a lesson. (that was sarcasm for all of you who are in a serious mood)

 

[Athan]

Its really bad out here guys.. really bad.

I have been thinking of moving out of California, but I would miss the weather and sunshine. It was such a fine state in the past.. now it seems its starting to merge with Mexico.

Ron Paul supporters are welcomed to Texas. We need to outnumber neo-cons anyway.

 

[Johnnybags]

And Arnold declares yet another "emergency"

drought. More money from the people to the socialist state of Cali. Its one emergency after another out there.

 

[HOLLYWOOD]

Just got an IM from a friend that works at Cisco Systems, SIlicon Valley, SMan Jose, CA...

There's a waiting list of employees seeking to transfer out of state, mainly to their east coast hub in RTP, NC. He's stating that's pretty much the consensus across the major high tech companies in the valley.

We are viewing the petri dish of how destructive Severe Socialism/Chromed Communism of California government fails in this country. Too Big to Fail? I hope not, we need an example for the other 49 states and federal government about changing their plans.

 

[Paulitician]

What's this? All the government's spending programs and tax increases aren't stimulating the economy?! Impossible...