Is Real Cal Unemployment At 25%? | CalWatchDog

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This article explains, in language that does not require a PHD to understan, that California is for all practical purposes in a deep DEPRESSION. The REAL Unemployment Rate is often mentioned by media lately, but the accounting detailed here gets to an unemployment rate closer to 30%. If politicians said out loud that CA (and two other States) California is in a Depression, would the 'tools' used to reduce it, be different?

Read the rest of the story HERE:


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...another way to regard unemployment is to phrase... by mollycruz on Thursday, Sep 16, 2010 at 12:12:28 AM