Little Hope for Jobless Workers in California

Little Hope for Jobless Workers in CaliforniaThe Employment Development Department has released a data showing a cut of almost 9,400 net jobs from payrolls by the Golden State employers. This cut has further lengthened the loss to yet another month.

With the employers cutting positions, the state's 2.25 million jobless workers are still hopeless about job prospects with California's labor market showing feeble chances of improvement.

The unemployment rate is reportedly seeing new heights of 15.1% in the Inland Empire metropolitan area. The same for the states is at a constant rate of 12.3%. Los Angeles County saw a hike in jobless rate from
12.2% in June to 12.4%.

With the weaving down of the Census and federal stimulus, the private-sector employers are said to have added some positions. The private sector employers, however, look uninterested as far as hiring is concerned. The first five months of the year indicate a slow growth pointing towards a freezing job market.

Anil Puri, Dean of the Mihaylo College of Business and Economics at Cal State Fullerton, said, "Businesses have all of a sudden become cautious because they see the news is not good. What we're seeing right now is a halt in growth".

It's been almost 27 weeks that the almost 44% of the California's 2.25 million unemployed workers have been going without a job.

In California, the Government sector is said to have lost as many as 23,100 jobs. Jobs in leisure and hospitality saw a dropdown of 2,100, together with a plunge of 3,000 jobs in professional and business services.