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Californians: Want Great Jobs? Leave the State.
Submitted by Richard Rider on 23 June, 2008 - 15:00.Richard Rider Rant
The California unemployment figures for May 2008 constitute some misleading good news. We moved from the third worst state in April to the fifth worst state in May.
The bad news is that California's improvement is due to the fact that a handful of other states' unemployment rates are rising even faster. Michigan -– which used to build cars -– is in the toilet with an 8.5% unemployment rate.
Feel any better?
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Advisorama
Irrationally held truths may be more harmful than reasoned errors.