California Unemployment Rate Jumps To 10.1 Percent

CBS reports:

California's unemployment rate jumped to 10.1 percent in January, the state's first double-digit jobless reading in a quarter-century.

The jobless rate announced Friday by the state Employment Development Department represents an increase from the revised figure of 8.7 percent in December.

A year ago, California's unemployment rate was 6.1 percent. Since then, steep declines in the construction, finance and retail industries have put thousands out of work.

Yet,the morons that run California just raised taxes!