The California Employment Development Department released information today indicating that the state’s unemployment rate rose to 12.5% in October, an increase from a 12.3% rate in September.
The unemployment rate in Long Beach, however, remained constant at 13.9% in October, according to the city’s Pacific Gateway Workforce Investment Network. The city’s unemployment rate was also 13.9% in September. The statistics are not seasonally adjusted.
In November of 2008, the unemployment rate in Long Beach was just 9.6%. That figure shot up in the following months, and reached 12.5% in June. Since then, the rate has slowed to where it stands now.