Unemployment is at 8.3 % in California. Thatâ€™s pretty insane. And that doesnâ€™t include people who have stopped looking for work or are underemployed (working parttime for peanuts) or business owners who are going under.
Can you hear the screams.
Now the counties that are especially hurting: 24% unemployment in Imperial County. In Yuba County it is atÂ 12% and there are lots of places already at 10% and/or creeping towards 10%.
California isnâ€™t the only place hurting. Michigan (Detroit auto industry) 9.3% and Rhode Island is also at 9.3%.
The National unemployment rates broken down by race in October:
Latinos 8.8 percent and Blacks 11.1 percent.
And we know in LA County itâ€™s probably higher, but you know oddly when it has to do with stuff like this, itâ€™s really hard to find the statistical information broken down by race.
And just in case you’re not sure how bad it is, according to DataquickÂ in California 94,240 homeowners got notices in the third quarter that their house were going to be taken away.
Yeah so Iâ€™m wondering how are all of these new taxes areÂ going to help when weâ€™ve all run out of money. I wonder when rich people are going to stop asking us for money.Â I wonder when the government is going to bail us out.
Maybe we should ask a little bit nicer.
Being nice has always worked.
Just so you know at the height of the depression unemployment was 24% and it was creeped up pretty similar to what it is doing right now.
Facts gotten from Bureau of Labor and Statistics.
by Browne Molyneux