Finally!!! The jobless rate is now 9.8%. Is anyone surprised? We all knew it was only a matter of time. Housing is helping since so me much of our economy is tied to real estate. Hedge funds are helping with housing. They have to use escrow and title agents and hire contractors to repair.
More people are turning to self employment. Think that includes folks who have decided that becoming a real estate investor is a good idea? Never have to worry about being fired?
LA county unemployment is still over 10%, however. Orange county is only 7%.
