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Santa Clara Unemployment Rate 2009

- From: www.economagic.com
Posted By : sanjay_soni007 | Made Popular: 46 weeks 2 days

California’s unemployment rate reaches at 11.2 percent, which is break the record of Santa Clara County.This is highest after World War II.

Highest unemployment rates:

Michigan: 12.6 percent

Oregon: 12.1 percent

South Carolina: 11.4 percent

California: 11.2 percent

North Carolina: 10.8 percent

Roberts said that the unemployment rate is estimated at as high as 25 percent during the Great Depression.
The Bay Area job market remains slightly above average in March. However, local taxes continue to increase, even in metropolitan San Francisco, which is among the conclusions of the strongest labor market.

In the Oakland metropolitan area, which includes Alameda and Contra Costa counties in March was 10.2 percent. Unemployment in the metropolitan areas of San Jose is 11 percent, as Santa Clara and San Benito lost some speed.
State figures show that employers cut 62,100 jobs since last Monday of March 2008, the state has lost 637,400 jobs.

In the last 12 months, another 913,000 to the list of unemployed. When workers were dismissed, the young people seeking their first job, and the elderly back to work, perhaps because a relative was denied.

Read Full Story from www.economagic.com

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