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Fri, Mar 5, 2010 -- 3:57 PM
Unemployment Rate, New Jobs Up / San Francisco Pink Slips
California's unemployment rate edged higher in January to 12.5 percent -- the highest it's been in nearly 70 years. But experts say there are some encouraging signs in the state's job market. Meanwhile, 15,000 employees of the city and county of San Francisco received pink slips today. The plan was put forward by Mayor Gavin Newsom to reduce worker hours as a way to deal with the city's budget shortfall.
Host: Peter Jon Shuler
