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The 10 Worst States for the Unemployed

By Bloomberg Rankings and Nikhil Hutheesing - 2013-05-09T20:53:57Z

Photograph by Jae C. Hong/AP Photo

Company Symbol % Change
9 of 13

No. 3 California 

Unemployment rate: 9.38%
Benefit as a percentage of income: 34.27%
Wealth disparity ratio: 1.02

The 1920s song, "California, Here I Come," reflected the hopes of a better life for those leaving New York. These days, with the state's unemployment rate at 9.4 percent, you're more likely to be jobless in California than in New York. If you lose your job, slightly more than 34 percent of income is replaced by unemployment insurance. While many other states offer less income replacement, the wealth gap here can take a greater toll on the unemployed. Federal grants to California's unemployment insurance will be cut by $23.6 million in 2013, according to Pew Charitable Trusts.