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III. General Fund Update <br /> State and Local Employment <br /> 9.8% - California unemployment rate for December 2012. <br /> I 1 .2% - California unemployment rate for December <br /> 201 I . <br /> 6.0% - San Mateo County unemployment rate for <br /> December 2012. <br /> 7.2% - San Mateo County unemployment rate for <br /> December 201 I . <br /> 66,000 - Jobs created in San Mateo & Santa Clara <br /> Counties in 2012. <br /> 225,900 - Jobs created in California in 2012. <br /> 10 <br />