Unemployment On The Rise; Calif. May Cut Salaries Unemployment and under-employment rates have reached a four-year high. Plus, California Governor Arnold Schwarzenegger has issued an executive order to reduce state workers' salaries to the federal minimum wage. Author and economist Dr. Julianne Malveaux gives NPR's Tony Cox the details.

Unemployment On The Rise; Calif. May Cut Salaries

Unemployment On The Rise; Calif. May Cut Salaries

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Unemployment and under-employment rates reach a four-year high.

Plus, California Governor Arnold Schwarzenegger issues an executive order to reduce state workers' salaries to the federal minimum wage to offset a statewide budget crisis.

Author and economist Dr. Julianne Malveaux gives NPR's Tony Cox the details.

She is the president of Bennett College.