UCLA Economist: State Unemployment to Remain High in 2010, 2011, But Bay Area Should Suffer Less

By Sharon Simonson California’s unemployment rate likely will stay in the double digits for the next two years with no new net employment generated next year, UCLA Senior Economist Jerry Nickelsburg said. The California unemployment rate could top 12.5 percent in 2010 and remain above 10 percent as far out as 2011. Including this year’s […]