U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
 
 
Old 03-25-2011, 11:55 AM
 
Location: Zurich, Switzerland
25,368 posts, read 33,255,248 times
Reputation: 10748

Advertisements

BAM!

California unemployment: California adds nearly 100,000 jobs in February - latimes.com
Quick reply to this message

 
Old 03-25-2011, 12:10 PM
 
Location: San Leandro
4,579 posts, read 4,774,705 times
Reputation: 3248
Just to be clear folks this means the unemployment is now at 12.2 instead of 12.4. WOW BAM WAM PAM POW that's just soooo amazing

from source:
Quote:
California's unemployment rate fell to 12.2% in February from 12.4% in January, the California Economic Development Department reports. That's still the second-highest jobless rate in the nation, behind Nevada's.
Quote:
The national unemployment rate in February was 8.9%.
Quick reply to this message
 
Old 03-25-2011, 12:14 PM
 
Location: Conejo Valley, CA
12,352 posts, read 10,751,862 times
Reputation: 4086
BAM? This isn't good news, the growth rate needs to be a lot higher to dig the state out of the hole it created.

This is like being $1 million in debt and celebrating paying $100 of it off....
Quick reply to this message
 
Old 03-25-2011, 12:16 PM
 
Location: Zurich, Switzerland
25,368 posts, read 33,255,248 times
Reputation: 10748
Quote:
Originally Posted by NorCal Dude View Post
Just to be clear folks this means the unemployment is now at 12.2 instead of 12.4.
I know, you wish our unemployment rate was higher. Too bad. Maybe next month we'll lose some jobs so you can be happy.

Anyhow,

Top Three States by Job Growth, February 2011
1 California +96,500
2 Pennsylvania +23,700
3 Florida +22,700

Regional and State Employment and Unemployment Summary
Quick reply to this message
 
Old 03-25-2011, 12:17 PM
 
618 posts, read 513,584 times
Reputation: 498
Quote:
Originally Posted by user_id View Post
BAM? This isn't good news, the growth rate needs to be a lot higher to dig the state out of the hole it created.

This is like being $1 million in debt and celebrating paying $100 of it off....
There's a difference between good news that could be better and bad news. This is good news. Bad news would be if California lost jobs, like it had been doing a year ago or so.
Quick reply to this message
 
Old 03-25-2011, 12:18 PM
 
Location: Zurich, Switzerland
25,368 posts, read 33,255,248 times
Reputation: 10748
Quote:
Originally Posted by user_id View Post
This is like being $1 million in debt and celebrating paying $100 of it off....
Technically if we're going to equate it that way, this would actually be a payment of about $43,000.

Which is actually not bad.
Quick reply to this message
 
Old 03-25-2011, 12:19 PM
 
676 posts, read 566,004 times
Reputation: 694
I think their point is your posting suggests all is well now on the job front in CA like Jerry Brown waved some magic wand or something. That said, it is great there was an increase in the jobs number but Brown (and Ahnold etc.) had nothing to do with it.
Quick reply to this message
 
Old 03-25-2011, 12:22 PM
 
Location: Police State
1,472 posts, read 1,241,974 times
Reputation: 1225
California's unemployment rate fell to 12.2% in February from 12.4%

BAM? More like a whisper. Try reading your own sources next time.
Quick reply to this message
 
Old 03-25-2011, 12:29 PM
 
Location: Zurich, Switzerland
25,368 posts, read 33,255,248 times
Reputation: 10748
Quote:
Originally Posted by Social Democrat View Post
I think their point is your posting suggests all is well now on the job front in CA like Jerry Brown waved some magic wand or something. That said, it is great there was an increase in the jobs number but Brown (and Ahnold etc.) had nothing to do with it.
Um, I made no mention of Jerry Brown or Arnold?

Neither of them created one job-this is due to Californians of all political stripes creating jobs. Its okay to be happy about this-even if its tempered with soberness about the many more jobs we need. We deserve some good news it after that terrible recession.

Anyway, California was one of just 7 states to see a noticeable decline in their jobless rates.
Quote:
Nevada experienced the largest over-the-month unemployment rate decrease in February (-0.6 percentage point). Six other states also posted statistically significant rate declines from January: Florida (-0.4
percentage point); Indiana, Pennsylvania, and South Carolina (-0.3 point
each); California (-0.2 point) ; and Maryland (-0.1 point). The remaining 43 states and the District of Columbia registered jobless rates that were not measurably different from those of a month earlier, though some had changes that were at least as large numerically as the significant changes.

Regional and State Employment and Unemployment (Monthly) News Release
Quick reply to this message
 
Old 03-25-2011, 12:31 PM
 
Location: Zurich, Switzerland
25,368 posts, read 33,255,248 times
Reputation: 10748
Quote:
Originally Posted by ZhugeLiang View Post
California's unemployment rate fell to 12.2% in February from 12.4%

BAM? More like a whisper. Try reading your own sources next time.
This is the biggest monthly gain since 1990.



Don't like it? Then p1ss off.
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $89,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top