Bay Area bracing for more job losses
For the first time in a quarter century, the unemployment rate is in double digits
SAN JOSE, CA (KGO) -- New jobless figures are out for California, and for the first time in a quarter century, the unemployment rate is in "double digits 10.1 percent. That's up from less than six percent just more than a year ago, and it's the highest rate since June of 1983.
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