Walters: California unemployment rate understates the problem

Walters: California unemployment rate understates the problem

a month ago
Anonymous $qqiKI3BBkr

https://www.siliconvalley.com/2024/10/23/walters-california-unemployment-rate-understates-the-problem/

California’s official unemployment rate — the percentage of jobless workers among the state’s labor force — remained unchanged in September at 5.3%.

That doesn’t sound alarming, unless one dives more deeply into the data.

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