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Dean Calbreath, SAN DIEGO UNION-TRIBUNE
Friday, September 25, 2009
“San Diego's unemployment rate may have already peaked if seasonal-adjustment trends hold true to form,” said Kelly Cunningham, economist with National University's Institute for Policy Research.
Cunningham said that while the local unemployment rate reached a 26-year high of 10.4 percent in July, after seasonal fluctuations in employment are taken into account, the actual peak in “real” unemployment may have happened in May.
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