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State unemployment rate rises slightly

Original post made on Jul 26, 2011

California's unemployment rate went up slightly in June, according to a report released Friday (July 22) by the state's Employment Development Department.

Read the full story here Web Link posted Friday, July 22, 2011, 1:28 PM

Comments (2)

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Posted by barbieK
a resident of Meadow Park
on Jul 26, 2011 at 9:21 pm

barbieK is a registered user.

This is a bad news especially to those who are planning to apply for loan. Unemployment rate in the state you are residing is one of the factors loan companies are looking at. An individual's credit reliability is dependent upon lots of variables, most of which could be controlled in one way or another. What state an individual resides in, however, can't be manipulated short of moving somewhere else. A brand new study rates all fifty states in order of their creditworthiness. I found this here: [url=Web Link ranks states for creditworthiness[/url].


 +   Like this comment
Posted by Big shock
a resident of Leland Manor/Garland Drive
on Jul 27, 2011 at 5:05 am

Gee...I wonder why?

Taxpayers, from business owners who pay taxes and employ taxpayers, to people finding better cost-of-living from taxes to housing, are fleeing California.

Like Rubio said, we don't need more taxes, we need more taxpayers. Lake Tahoe water level lowers in low rain/snow years, and rises in high ones. It takes many drops and flakes to make a Tahoe..same is true for tax revenue.


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