The national economy may be seeing the first signs of recovery, but California's situation "remains predominately negative," the state's Department of Finance said in its December bulletin.

In November, "the jobless rate in the state was up to 10.1%, the highest unemployment rate among the large industrial states," the department said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.