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Old 06-20-2010, 03:26 AM
moneysense moneysense is offline
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Default Highest jobless rate in the nation.

The city with the highest jobless in the nation right now is El Centro, California with a jobless rate of 27.9 percent.

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The lost jobs have sucked millions of dollars from the local economy. In the first quarter of 2006, before the economic crisis began, retail sales of taxable goods here in El Centro and the surrounding Imperial County totaled $518 million. In the first quarter of 2009, sales had dropped 17 percent to $430 million, according to the state Board of Equalization, which collects sales and other taxes for distribution to local governments.
And even though people here are going to the employment office daily to look for work, there just isnt any to be had.

People who were living paycheck to paycheck are finding it even harder to make it these days due to cuts in pay, or cuts in the number of days worked per week.

This all puts a real burden on all the local churches and charities that help people out.

Im glad that our economy here isnt that bad right now, but one never knows what the future may bring.
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