California's unemployment rate remained unchanged in June from the
previous month at 11.6-Percent. And, an analyst
says the state budget impasse isn't encouraging economic
Capital Public Radio's Steve Shadley reports...
California lost nearly 67-thousand jobs last month.
At least one expert says the numbers show that the state is still
mired in the recession. Esmael Adibi is the chief
economist at Chapman University in Orange County. He says the
state budget crisis makes it hard to predict when California's
economy will turn the corner...
"Unfortunately we're not seeing any promising developments coming
out of Sacramento. We don't have a budget yet and we know
that whatever we get is probably going to include more spending
cuts and maybe higher taxes. Both of those are added pressure
on businesses and individuals and consequently job
Adibi says unemployment typically goes up slightly in the summer
when more students and recent college graduates are looking for
work. California's jobless rate is the sixth highest in the
nation. Michigan takes the top spot at 15.2 percent.
The national rate in June was 9-and-a-half-percent.