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Article: California Unemployment Rate Dips, but State Is Still Losing Jobs.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 13, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Dale Kasler, The Sacramento Bee, Calif. Knight Ridder/Tribune Business News
Sep. 13--In the last major look at California's troubled economy before the recall vote, state officials said Friday that the unemployment rate dipped slightly in August even though the state continued losing jobs.
The unemployment rate fell to 6.6 percent, down a tick from a revised 6.7 percent in July, the Employment Development Department said. The rate for July was previously reported at 6.6 percent.
Sacramento-area unemployment also fell, three-tenths of a point to 5.4 percent, but there were worrisome signs that the big state budget deficit was starting ...
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