For the second month in a row California has earned the right to be called the state with nation’s highest unemployment rate. Mississippi and Nevada both tied California for the honor at 9.6 percent.
Last month, California and Rhode Island shared the nation’s highest unemployment rate at 9.8 percent, but Rhode Island dropped its rate an impressive .4 points, all the way down to 9.4 percent.
In addition to the nation’s highest unemployment rate, California is also home to the nation’s highest poverty rate, the nation’s most welfare recipients, and the nation’s highest marginal tax rate. The state is also $28 billion in debt and has been consistently rated as the worst state in the nations to do business.View Article