California’s Economy Has Been Pinched by Unemployment from the New York Times. The Golden State’s jobless rate remains stubbornly high.
Tech layoffs. Hollywood strikes. Rural joblessness.
For much of the past year, key parts of the California economy have looked a lot like our winter weather: dreary.
While the state’s economy has long outpaced the economies of most nations, the unemployment rate in California has risen significantly over the past year.