National Unemployment News Hits Valley Harder

By Dan Rubin, KSEE24 News

September 7, 2012 Updated Sep 7, 2012 at 6:18 PM PDT

A lackluster national jobs report came out for the month of August. Here in the Central Valley, the situation is even worse.

97,000 jobs were added nationally. Unemployment fell by 0.2%.

But those numbers can be deceptive. An estimated 400,000 people stopped looking for work, making the overall unemployment figures look better.

Experts connect education to employment. About 60,000 people in Fresno don't have a high school diploma. If you have a college degree, your chances of finding a job are doubled.

Fresno's unemployment rate also fell by 0.2%. The local jobless rate now stands at 15.5%, which is almost twice the national average.

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