California Jobs Update

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 (Justin Sullivan/Getty Images)

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.

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

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