• Story alerts
  • Letter to Editor
  • Pin it

The San Diego County unemployment rate for March was 4.2 percent, the same as the revised figure for February. California was 5.1 percent and the nation 4.6 percent in the same period.

The county gained 4300 non-farm jobs in the month -- a good figure. Government employment was up 1600 and educational and health services 1500. Leisure and hospitality jobs rose by 1300, but professional and business services jobs declined by 1100.

Between March 2016 and March 2017, jobs rose by 29,600, or 2.1 percent. Government jobs were the big winner, rising 6700. Education and health services jobs rose by 6200 over the year, and construction was up 5700.

  • Story alerts
  • Letter to Editor
  • Pin it

Comments

Flapper April 21, 2017 @ 10:20 p.m.

The question is, how do such statistics reflect disposable income?

1

Don Bauder April 22, 2017 @ 6:37 a.m.

Flapper: Unemployment statistics can go the right way (down) while median household income goes the wrong way (down). That has been going on for decades as the income gains flow to the richest 10 percent, 1 percent, and one-tenth of 1 percent, and the middle class, the backbone of the economy, shrinks. One learns more from watching income stats than unemployment stats.

It will be interesting to see if Trump's budget contains more tax cuts for the rich, as Reagan's and G.W. Bush's did. Certainly, Trump will propose a sharp decline in corporate taxes, on the ground that corporations pay 35 percent and this hurts our competitive stance. Balderdash. The major blue chip companies pay less than 12 percent because of all the tax loopholes, and the game of keeping income offshore in low-tax havens like Ireland. Best, Don Bauder

1

AlexClarke April 22, 2017 @ 9:07 a.m.

It issue is quality of jobs not quantity. It is a false economy when a large portion of the working class has to rely on welfare programs to make ends meet. At my local 7-11 there is a fine fellow who works the late night/early morning shift, the most dangerous shift where the chances of being robbed and injured or killed is the highest, pays minimum wage and no benefits. He walks to and from work. He lives in HUD housing and receives food stamps and medicaid. His job is not considered skilled but it is the taxpayer who is augmenting the profits of the 7-11 owner.

0

Don Bauder April 22, 2017 @ 12:10 p.m.

AlexClarke: You are absolutely right. The quality of jobs is more important than the quantity. Many of her people counted as employed got laid off from $100,000 jobs and are now flipping hamburgers in some fast food joint. Unemployment figures do not catch the quality. That's why income figures are so important. Best, Don Bauder

1

Sign in to comment

Win a $25 Gift Card to
The Broken Yolk Cafe

Join our newsletter list

Each newsletter subscription means another chance to win!

Close