{"id":4173,"date":"2020-09-30T09:30:46","date_gmt":"2020-09-30T16:30:46","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=4173"},"modified":"2020-09-30T15:09:34","modified_gmt":"2020-09-30T22:09:34","slug":"california-unemployment-rate-remains-high-as-democrats-keep-economy-shut-down","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=4173","title":{"rendered":"California Unemployment Rate Remains High as Democrats Keep Economy Shut Down"},"content":{"rendered":"

Written by Nicholas Vetrisek<\/em><\/p>\n

At first glance, California\u2019s unemployment rate is beginning to recover from the COVID-19 pandemic. Recently, the state\u2019s unemployment numbers were revealed and they show that the unemployment rate has dropped from 13.5% to 11.4%. On the surface, this certainly appears to be great news.\u00a0<\/span><\/p>\n

Unfortunately, the rate is much higher than the state is currently saying. Much of the work is seasonal, such as workers conducting the 2020 Census and college employees going back to work as school starts up again. Though the drop in unemployment corresponds to about 300,000 jobs, analysis from Beacon Economics and the UCR School of Business Center for Economic Forecasting and Development indicates that only 35,000 of these jobs were permanent hires by private companies.<\/span><\/p>\n

\n

California and New York have 18% of the US population, but 32% of all the people receiving unemployment benefits. Florida, Texas, South Dakota, and Indiana also have 18% of the US population, but just 13% of those receiving unemployment benefits. It\u2019s all about ending lockdowns.<\/p>\n

— Brian Wesbury (@wesbury) September 30, 2020<\/a><\/p><\/blockquote>\n