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II. General Fund Update <br /> State and Local Employment <br /> � I I. I%- California unemployment rate for December 20 I I. <br /> � 12.5% - California unemployment rate for December 2010. <br /> 7.2% - San Mateo County unemployment rate for December <br /> 201 I. <br /> 8. I%- San Mateo County unemployment rate for December <br /> 20 I 0. <br /> 48,000 - Jobs created in San Mateo & Santa Clara Counties. <br /> 240,300 - Jobs created in California in 201 I. <br /> 2%- J o b growth fo recast i n th e Bay Area i n 20 I 2 <br /> 9 <br />