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Calif. unemployment rate jumps to 8.4 percent

  By TechUniverse
California's unemployment rate climbed to 8.4 percent in November, the third-highest rate in the nation, federal officials said Friday. The jobless rate announced by the U.S. Department of Labor was up from 5.7 percent a year earlier, and 8.2 percent in October. Only Michigan and Rhode Island posted higher jobless rates than California. READ MORE

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