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EMPLOYMENT
Untitled Page Published: August 21, 2009 10:33 AM



O.C.'s unemployment rate up, continued ...

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Statewide, the unadjusted unemployment rate rose to 12.1 percent. The news follows a recent report from the Pacific Research Institute, which found that California's labor performance over the last five years was among the worst in the nation. The state ranked 48th – only Michigan and Mississippi were lower on the list.

“California’s current economic woes are often blamed on the national recession,” says Jason Clemens, PRI director of research. “But the state’s suffering precedes the current cyclical downturn. California’s mired economic structure has been hampering growth for years.”

About 550 people leave the state every day, according to the study, which also named California the seventh-worst state for its migration rate. The report says states that neighbor California – Arizona, Utah, Oregon, Washington and Colorado – have healthier economic climates.

Clemens says that changes must be implemented to "keystone economic policies" in order to begin to recover and, once again, grow.

Nationwide, the unadjusted unemployment rate hit 9.7 percent.

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