California jobless rate highest since 1976

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<a href="http://www.breitbart.com/article.php?id=CNG.8e244844825401004bc0eeea2e57f5dd.261&show_article=1">http://www.breitbart.com/article.php?id=CNG.8e244844825401004bc0eeea2e57f5dd.261&show_article=1</a>



California's unemployment rate soared to its highest level in more than 30 years in March, <strong>climbing to 11.2 percent</strong> as 62,100 jobs vanished, official figures showed Friday.



US Department of Labor figures showed the number of unemployed increased sharply from 10.6 percent in February, giving California the highest jobless rate in the nation behind Michigan, Oregon and South Carolina.



The California figures contrasted with a national jobless rate of 8.5 percent in March. The new jobless figures are the highest since records first began to be released in 1976.



In the 12 months since March 2008, California has shed a total of 637,400 jobs, the figures showed.
 
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