Business Update on KPCC: Why California's jobless rate is meaningless

Just too many differences throughout the state. Consider that SF's unemployment rate in December (not seasonally adjusted) was 7.6 percent, while Imperial County, which has some of the highest levels of poverty in the nation, was at 27 percent. The numbers are all over the place (BTW, California's unemployment rate last month was 11.1 percent.) Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump