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California Aug jobless rate hits record
(Xinhua)
Updated: 2009-09-19 04:41
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Unemployment rate in California climbed to 12.2 percent in August, setting a new modern record, authorities announced Friday.
The new statistics was registered as an in increase from July's rate of 11.9 percent and 7.6 percent in August 2008. The number of unemployed people in California climbed by 49,000 in August, bringing the number of unemployed to 2.2 million. It's also more than 850,000 additional unemployed people since last year, when the unemployment rate was 7.6 percent in August 2008, according to the state Employment Development Department.
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The national unemployment rate was 9.7 percent in August, down from 9.4 percent in July, and 6.2 percent in August 2008.
In a related development, the seasonally adjusted unemployment rate in Los Angeles County jumped to 12.3 percent in August, up from a revised 11.9 percent in July, the state Economic Development Department reported.
A total of 607,000 people were out of work in August in Los Angeles county, which has a labor force of about 4.9 million.
