California unemployment rate jumps to 9.3% in December

California's unemployment rate jumped to 9.3% in December — the highest in 15 years — and with more layoffs expected, economists predicted even higher numbers for the rest of the year.

The state Employment Development Department today reported that the December jobless rate was up almost a full percentage point from 8.4% in November. It stood at 5.9% a year earlier.

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