California unemployment - 'huge increase' to 6.2% in March, worse than Ohio & PA

[Liberal_in_LA]

http://www.latimes.com/business/la-fi-caljobs19apr19,0,...

California unemployment hits 6.2%, Worst than Ohio, PA

'This is a huge increase,' a chief economist for the state says of half-point rise in March figures. Losses are greatest in the construction, financial services sectors.

By Marc Lifsher, Los Angeles Times Staff Writer

12:22 PM PDT, April 18, 2008
SACRAMENTO -- California's unemployment rate rose by a whopping half a percentage point in March, reaching 6.2% as a weakening economy shed jobs in the ailing construction and financial activities sectors. In all, 1.13 million were unemployed.