California's employers halted hiring in May, shedding 29,200 jobs from payrolls in yet another worrying sign that the nation's economic recovery is foundering.
The state's unemployment rate fell to 11.7%, from 11.8% the month before, according to the state Employment Development Department, but the job losses are the most significant since September of last year. The unemployment rate can fall when the state loses jobs because people drop out of the labor force, either because they're frustrated or are leaving the state.
Source: http://www.mashget.com/2011/06/17/california-employers-drop-29200-jobs-in-may/
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