California's unemployment rate hits 12.2% in August
• LA TimesCalifornia's jobless rate set a fresh postwar high in August, rising to 12.2% from 11.9% in July and putting more pressure on the state's tattered unemployment insurance fund. Though the state may be in the early stages of an economic rebound, the
Yep, 12.2% if you don't count those who have run out of unemployment benfits, are underemployed or just working part-time. Government math is like Christian math, a wonderful and convenient tool of misinformation.