December 2008 Unemployment Rate is 9.3%

[denverite]

I don’t post very often, but when I, peterb and a several others do, it usually includes a warning associated with California’s rising unemployment rate. The latest data should be serious cause for concern, especially since CA is just entering a very severe recession.

http://www.sanfranciscosentinel.com/?p=19009

All I can say is “YIKES”!

[paramount]

I read yesterday the official California Unemployment rate = 10.1%.

Which means it’s probably more like 15%.

[paramount]

I read yesterday the official California Unemployment rate = 10.1%.

Which means it’s probably more like 15%.

[paramount]

I read yesterday the official California Unemployment rate = 10.1%.

Which means it’s probably more like 15%.

[paramount]

I read yesterday the official California Unemployment rate = 10.1%.

Which means it’s probably more like 15%.

[paramount]

I read yesterday the official California Unemployment rate = 10.1%.

Which means it’s probably more like 15%.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[Veritas]

Econ:

If you could relocate, what State would you go to and why? I agree with you the soak the business class clowns, libs and other feebs in the legislature are buying votes at the expense of the real workers and tax payers. If it was not for the climate, most of us would leave.

[Veritas]

Econ:

If you could relocate, what State would you go to and why? I agree with you the soak the business class clowns, libs and other feebs in the legislature are buying votes at the expense of the real workers and tax payers. If it was not for the climate, most of us would leave.

[Veritas]

Econ:

If you could relocate, what State would you go to and why? I agree with you the soak the business class clowns, libs and other feebs in the legislature are buying votes at the expense of the real workers and tax payers. If it was not for the climate, most of us would leave.

[Veritas]

Econ:

If you could relocate, what State would you go to and why? I agree with you the soak the business class clowns, libs and other feebs in the legislature are buying votes at the expense of the real workers and tax payers. If it was not for the climate, most of us would leave.

[Author]

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