California ranks second highest in employment distress

“California’s unemployment rate – currently 10.7 percent – has been the nation’s third highest for months but ranks second worst in a broader measure of employment distress by the federal Bureau of Labor Statistics.

It’s called “U-6” and it includes not only unemployment, but “marginally attached workers,” and those employed only part-time for economic reasons.” (Sacramento Bee, July 31, 2012). Read it here.