Unemployment Tops 20% in Eight California Counties

For many California areas, unemployment rates moved persistently higher in January, indicating that the national economic recovery hasn't yet translated into jobs for the Golden State. The state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation, but for eight counties it is over 20%.

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Business Guide: Jobless Recovery

Does the economy really feel like it has rebounded? Do you think the stock market is the place to go throw your 401k money into again? I think that this market is a house that is being rebuilt on a very shaky foundation with borrowed and rotting wood.

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Economic Recovery Forecast Slows Stocks In March 2010

Home sales put damper on a hopeful gain in the stock market after the announcement of fewer jobless claims around the country. This is more evidence that the economy is not quite ready to rebound as of yet.

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Jobless Rate Holds Steady, Raising Hopes of Recovery

The American economy lost fewer jobs than expected last month and the unemployment rate remained steady at 9.7 percent, the Labor Department reported Friday, bolstering hopes that a still-tenuous recovery may be starting to gain momentum.

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Jobless Rate Holds Steady, Raising Hopes of Recovery

The American economy lost fewer jobs than expected last month and the unemployment rate remained steady at 9.7 percent, the Labor Department reported Friday, bolstering hopes that a still-tenuous recovery may be starting to gain momentum.

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"What matters in life is not what happens to you but what you remember and how you remember it."

by Gabriel García Márquez

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This Day In History

Lend-Lease Act: was signed into law by FDR, providing aid in the form of equipment, food and weapons to the Allies during WWII (1941)