Friday, September 17, 2010

Unemployment in California: Bogus hockey stick helps bring about real hockey stick?

The jolly green giant? Governor Schwarzenegger could teach other Republicans a thing or two about protecting the environment. That is, if he doesn't self-destruct first.
[2005] After making the dignitaries and press rabble wait for an hour, the governor arrived and proceeded to announce a groundbreaking global-warming initiative. "I say, the debate is over," he boomed, explicitly dismissing the Bush administration's contrary position. "We know the science, we see the threat, and we know the time for action is now." The targets he set were impressive, going beyond what even the Kyoto treaty would mandate: By 2010 California's per capita greenhouse gas emissions would be reduced to 2000 levels; by 2020 reduced to 1990 levels; and by 2050 reduced to 80 percent below 1990 levels. Then the governor sat down at a Lilliputian desk and signed an executive order. The crowd erupted in a standing ovation.
Schwarzenegger's Crusade - Newsweek
[2007](For the record, Schwarzenegger says he's deeply impressed with Gore's work: he even popped into a Beverly Hills book-signing not long ago with his teenage daughter to tell the former vice president so in person.)
...Schwarzenegger and Blair are both eager to position their respective economies as "green tech" hubs, where new jobs will be created in fields such as alternative fuels, new materials and green construction. "If you think this is the direction the world will take and it's only a matter of time, there are great commercial opportunities to be had," says Blair. In Britain, he says, more than 500,000 "clean tech" jobs have been created since the country began complying with the Kyoto treaty. Schwarzenegger predicts the job growth will be even more impressive in California. And he says that U.S. businesses, led by tech-savvy California firms, can reap immense profits by developing low-carbon manufacturing methods and fuel sources, and then exporting them to the rest of the world. California, he boasts, will dominate the global clean-tech sector, just as it does the world's entertainment and high-tech industries.
California unemployment: California unemployment rate rises to 12.4% - latimes.com
[Today] California's deeply troubled labor market took another hit in August as the unemployment rate rose and employers laid off more workers than expected, renewing fears about a double-dip recession.

The state's jobless rate increased to 12.4%, up from 12.3% in July. Employers shed 33,500 jobs in August, marking the third straight month of payroll job losses.
Unemployment Rate in California (Graph)

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