11.21.11: State Unemployment Rate Falls
by Shelly Tillery
Notwithstanding the gloom from the Legislative Analyst’s Office (LAO) report I wanted you to know the following more positive news about the rest of the year. Remember the Department of Finance has always said they believed most of the $4 billion in additional revenue would come during the second half of the 2011/12 fiscal year. A declining unemployment rate and improving economy indicates the Director of Finance could be more positive with her revenue forecast than the LAO.
http://www.sacbee.com/2011/11/18/4064848/california-unemployment-rate-falls.html
