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Report: California Among Worst US Job Markets

LOS ANGELES (CBS) — Thanks in large part to a historic mortgage meltdown, California has one of the worst job markets in the country, according to a new report.

KNX 1070's Jon Baird reports the results come from a recent Gallup survey of over 200,000 people about the financial state of their employers.

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California has been near the bottom of the list for the past three years, showing no growth in job creation whatsoever in 2010.

Nevada and New Jersey were also among those showing slightly better than zero job growth.

Some of the job markets that are flourishing in this recession include North and South Dakota, Washington, D.C.
and Alaska.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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