You’re a millionaire and you need some more millions? No problem, the California Legislature has your back. You’re a longshoreman looking for a job, piss off!
California’s unemployment rate went up for the second month in a row, rising to 5.5% in July from 5.4% in June, according to state data released Friday.
In July the group of people looking for a job expanded by 60,100 workers, after increasing by 25,000 in June.
California’s jobless rate again was worse than the country’s as a whole — the nationwide rate was 4.9% in July.
Los Angeles County lost a stark 56,300 jobs in July.
In the last three months, California employers have hired a net 97,100 people, significantly fewer than they did in the same period last year.
July was also a bad month for the leisure and hospitality, government employer and mining sectors, which together cut a net 6,100 positions.
Source: The Los Angeles Times