1.
Mortgage rates move lower
SACRAMENTO, March 25 (UPI) -- California added 96,500 jobs in February, the highest monthly total since 1990, the state's Economic Development Department said Friday.
The state's unemployment rate dropped from 12.4 percent to 12.2 percent in the month, the state said.
The jump came seemingly out of nowhere. A year ago in February, the unemployment rate in the state was 12.4 percent. The total jobs added in the 11 months prior to February was 99,800.
The biggest expansion in jobs was in profession and business services, which added 39,900 positions.
Among California counties, Colusa County, inland and northeast of San Francisco, had the highest unemployment rate at 27.1 percent. Marin County, on the north side of San Francisco Bay had the lowest at 7.8 percent.
California still trails only Nevada in states with high unemployment. In Nevada the unemployment rate is 13.6 percent, the highest in the nation.
|
|
|
|
|
|
| Additional Business News Stories | |
PARIS, May 30 (UPI) --
The European community is on pace to spend more on oil imports in 2012 than the total amount of Greek government debt, the IEA said.
|
SAO PAULO, May 29 (UPI) --
In-vehicle location and navigation expert TomTom has spotted a major business opportunity in Latin America where it is teaming up with Digibase to expand operations from consumer, corporate sector to government and security services.
|
More than half of all Americans are concerned that a huge wave of backlogged foreclosures to be released by major lenders in the wake of the Robo-signing scandal ─ approximately twice the size of annual foreclosure sales─will lower home values in...
|
Markets on Wall Street jumped Tuesday on hints that Greece might not exit the eurozone, revealing investor jitters just as clearly as bad news might.
|
| Stories | Photos | People | Comments |
View Caption
