California: Unemployment Situation Prompts Schwarzenegger to Issue Emergency Proclamation
April 28th, 2009Via: Los Angeles Times:
Unemployment in California shot to 11.2% in March, the highest level since the state began keeping records. What’s more, the number of people out of work for almost a year rose by 9.4%, and has now doubled in the last 12 months.
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The state has been scrambling to assist the unemployed with mixed success. The California unemployment insurance fund is insolvent and being bailed out with billions of dollars in federal money. The Employment Development Department’s obsolete computer system and telephone call centers are swamped with hundreds of thousands of claims.
On Friday, Gov. Arnold Schwarzenegger issued an emergency proclamation designed to speed the hiring of 150 staffers to help ease the logjam.
Research Credit: brokenroto
