For the first time in almost three years, California’s unemployment rate fell below 11 percent in January. We look at what a slow drop in the jobless rate may mean for recovery and employment in the state.
California Jobs Update
For the first time in almost three years, California's unemployment rate fell below 11 percent in January. We look at what a slow drop in the jobless rate may mean for recovery and employment in the state.
(Justin Sullivan/Getty Images)
Guests:
Sylvia Allegretto, labor economist at the Institute for Research on Labor and Employment at UC Berkeley
Stephen Levy, director of the Center for Continuing Study of the California Economy