Dec 21, 2008

Economy and Jobs: California 3rd Worst. (How are you faring?)

Yesterday, the state of California posted an 8.4 percent jobless rate, the third highest in the U.S. According to The Los Angeles Times, The state lost a net 41,700 jobs in November. The rate is at its highest level since 1994 and puts the state behind only Michigan and Rhode Island.

Last month, U.S. employers slashed 533,000 jobs - the most in 34 years - as unemployment rose to a 15-year high of 6.7 percent, reports the San Francisco Chronicle. With the high rates of job loss in my state and elsewhere, everyone is watching their piggy bank. Closely. For workers who lose their jobs, health insurance options are limited. The San Francisco Chronicle reports that (As most of you know, I'm fortunately employed, but as a freelance worker with pre-existing health conditions, my options for health insurance are fairly non-existent.)

It isn't helping matters that in California, the state's financial crisis means that traditional safety-net options, such as public health programs and clinics, are being cut back or threatened by the state and national budget crisis. It's true California's estimated $41.8 billion budget deficit needs to be fixed somehow, but with the current state of the economy and rates of job loss in Cali, it's a tough time to go cutting public health programs.



1 comments:

Ray said...

There are still high paying jobs on certain job sites, here's 3 from about.com's top ten job sites-

www.linkedin.com (professional networking)
www.indeed.com (aggregated listings)
www.realmatch.com (matches jobs based on your skills)

good luck to those looking.

Post a Comment