Calif. Jobless Rate Jumps to 9.3%

From Economy:

Calif. Jobless Rate Jumps to 9.3%: California’s unemployment rate jumped to 9.3% in December as employers in the nation’s most populous state cut 78,200 jobs during the month.

Holy **expletive deleted**… almost double digits. I’ve never experienced anything like this before. Is it time to panic yet?

Please, please Mr. President… figure something out to help us out of this mess.