Oakland Job Market

Oakland’s job market is in pretty sad shape to say the least.  The city’s official unemployment rate is one of the highest in the nation, matched and exceeded only by Detroit at this point in time.  A 17.5% unemployment rate means that Oakland’s job prospects are about as good as the average US cities were during the great depression.  This is alarming, given the fact that Oakland has a huge abundance of universities and colleges, providing the local area with a very highly-skilled, highly-educated workforce.  For Oakland, the possibilities are endless, but the city has had a very hard time getting started down the path of economic renewal, and the state of fiscal affairs within the California state government is doing little to ease their troubles.Oakland

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