SFGate - California jobless rate climbs to 10.5 percent
The state unemployment rate jumped to 10.5 percent in February, a level not seen since 1983. All told, the recent economic slide has left 1.95 million Californians scrambling for work.
CNNMoney.com - Nike details plan that could cut 1,400 jobs
Nike Inc. announced details Friday of its previously announced plan to restructure that could result in the cutting of as many as 1,400 jobs.
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MercuryNews - 892,400 jobs? In Silicon Valley, that’s bad
Unemployment has soared in Silicon Valley in recent months, thanks to this “is it a recession or a depression?” global economic downturn. In February, the jobless rate in the San Jose-Sunnyvale-Santa Clara metro area jumped to 10 percent, nearly double the 5.1 percent rate a year earlier and up from 9.5 percent in January.
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[...] alextaxi added an interesting post today on Industry Observer: California jobless rate climbs to 10.5%; Nike …Here’s a small readingMercuryNews – 892400 jobs? In Silicon Valley, that’s bad. Unemployment has soared in Silicon Valley in recent months, thanks to this “is it a recession or a depression?” global economic downturn. In February, the jobless rate in the San … [...]