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State unemployment rate dips to 7.2%
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SACRAMENTO (AP) — California recorded its lowest jobless rate last month since the early months of the Great Recession, while the number of additional jobs was the second-largest gain since the state began keeping that record in 1990, the state Employment Development Department reported Friday. The unemployment rate dipped to 7.2 percent in November, a tenth of a percentage point improvement over October. That was down from a recession-era high of 12.4 percent in February 2010, and the lowest level since June 2008, when it stood at 7 percent.