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The San Diego County unemployment rate was 10.4% in November, compared with 10.3% in October and 10.4% a year ago, according to the California Employment Development Department. This compared with 12.4% for California and 9.3% for the U.S. in the same period. Local employment was up 3,700 jobs from October, but down 200 from a year earlier. In the month, trade, transportation, and utilities added 3,100 jobs as retail jobs went up 3,200. Government jobs rose by 1,600, almost all of which were in local government. However, leisure and hospitality jobs dropped by 900.

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Comments

SurfPuppy619 Dec. 17, 2010 @ 11:13 a.m.

Housing construction is the KEY to ANY recovery, even more so today because almost all other manufacturing jobs have gone over seas. That means home building is the main manufacturing in the USA today.

We have millions of homes still upside down on their trust deeds-that means more REO homes going back to the banks, which means no new building.

As long as we have REO homes being sold we will not have building, and ONLY home building will pull us out of this depression. I am pretty sure we are staying in this rat hole for another 2-5 more years.

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Don Bauder Dec. 17, 2010 @ 12:54 p.m.

Yes, SP, I do think a double-dip is possible in residential real estate -- in San Diego as well as the nation. Best, Don Bauder

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Founder Dec. 17, 2010 @ 5:21 p.m.

RE: "I do think a double-dip is possible in residential real estate -- in San Diego as well as the nation."

I think it will happen before next Fall as ever more folks run out of savings and or declare BK...

We are in for a perfect housing market storm and it has already started to rain hard!

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Don Bauder Dec. 17, 2010 @ 5:36 p.m.

I haven't been looking for a "perfect storm" calamity -- just another decline. But you may be right. Best, Don Bauder

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Founder Dec. 17, 2010 @ 6:06 p.m.

Growing lack of faith in Gov't. + Tightening credit + Record Unemployment + Huge amount of excess housing + Increasing Fear of the future + Ever more having to declare BK


"Record" Double Dip Recession

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Don Bauder Dec. 17, 2010 @ 10:16 p.m.

You could add Fannie Mae and Freddie Mac and rising mortgage rates. Best, Don Bauder

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SurfPuppy619 Dec. 18, 2010 @ 12:03 p.m.

Growing lack of faith in Gov't. + Tightening credit + Record Unemployment + Huge amount of excess housing + Increasing Fear of the future + Ever more having to declare BK


"Record" Double Dip Recession

========================== This could lead to serious civil unrest, which many people under 40 have not witnessed before-the people have had it.

I think this last election with a record number of incumbants getting booted out of office proved that.

We have not seen serious civil unrest since back in the 60's really, where the war and civil rights movements brought about very serious civil and social changes to long standing problems. We may see that kind of unrest very soon.

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Founder Dec. 21, 2010 @ 8:54 a.m.

These on-line blogs are one way for folks to "protest" what is happening in our City and Country, without going out on the street with signs!

I believe that very soon those out of work will start standing around SD with real signs and they will not be asking for small change either!

I remember folks chanting at the White House fence, Withdraw Nixon, like your Father should have... and I believe we will see that level of protest again this Winter!

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Ponzi Dec. 17, 2010 @ 10:28 p.m.

Comic Con and the new Charger stadium will take care of this unemployment. Right Jerry Sanders?

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Don Bauder Dec. 18, 2010 @ 7:19 a.m.

He will be giving a speech soon. I think you have stolen his lines. Best, Don Bauder

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Founder Dec. 18, 2010 @ 8:33 a.m.

  • The City will use adding "Granny Flats" to triple the number of folks living in SD, which will solve our tax problems (or at least get $ANDERS off the public hook until he can retire and suck up his pension, some place safe, unless he is forced out of Office before that, because of the Kessler debacle!
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Don Bauder Dec. 18, 2010 @ 12:26 p.m.

Remember though, Founder, that while higher population may add to the tax receipts, it also leads to higher expenses. Best, Don Bauder

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SurfPuppy619 Dec. 18, 2010 @ 8:52 a.m.

LOL...when a comic book convention can extract concessions out of a muni you know the inmates are now running the asylum!

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Founder Dec. 18, 2010 @ 10:59 a.m.

...and there is nothing "COMIC" about that...

How about this bumper sticker:


Recall All $D Leaders Now For a Better Tomorrow!


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SurfPuppy619 Dec. 18, 2010 @ 12:04 p.m.

Im down with the recall, starting with KFC Sanders :)

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Don Bauder Dec. 18, 2010 @ 12:31 p.m.

Recalls are expensive, SP. Best, Don Bauder

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SurfPuppy619 Dec. 18, 2010 @ 1:37 p.m.

Recalls are expensive,

Yet still cheaper than allowing Sanders to stay in office doing nothing but driving up debt and red ink.

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Don Bauder Dec. 18, 2010 @ 12:30 p.m.

That bumper sticker requires a pretty large car. Best, Don Bauder

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Don Bauder Dec. 18, 2010 @ 12:28 p.m.

We knew the inmates were running the asylum even before the convention concessions. Best, Don Bauder

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paul Dec. 20, 2010 @ 10:33 p.m.

"Comic Con and the new Charger stadium will take care of this unemployment. Right Jerry Sanders?"

Not by themselves, that would be just silly.

Now, if you include the new central library and a new city hall, that should do the trick!

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Don Bauder Dec. 21, 2010 @ 8:06 a.m.

The so-called legacy projects -- new city hall, larger convention center, central library, Chargers stadium -- would provide construction jobs, and a sprinkling of other jobs after the projects were complete. The best-paying jobs would be in the legal profession, as bills mounted to handle the City's inevitable bankruptcy filing. Best, Don Bauder

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SurfPuppy619 Dec. 21, 2010 @ 8:46 a.m.

"Comic Con and the new Charger stadium will take care of this unemployment. Right Jerry Sanders?"

Not by themselves, that would be just silly.

Now, if you include the new central library and a new city hall, that should do the trick!

================== This is why I love posting here, EVERYONE is on the ball and knows a scam when they see it!

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paul Dec. 21, 2010 @ 9:43 a.m.

It's hard in message boards to properly convey the times when one's tongue is stuck waaay up in their cheek, so I am glad you get it!

While we are at it, I've got a solution thatwill improve service to the community, improve unemployment and jump start the housing market all at the same time. This one ought to get me Kris Michel's old job. One word: Bookmobiles!

Its so simple: We out source most of the library operating budget to one of Jerry's buddies to operate bookmobiles to "improve" library access throughout the city. Then we can take those pesky and deserted branch locations that nobody every goes to (because they are always closed, but we don't have to mention that) and sell them to developers (at a huge discount, of course, to "spur economic activity").

Its a huge win-win for everybody!

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Don Bauder Dec. 21, 2010 @ 10:49 a.m.

Trouble is, so many of the people going to libraries these days are using the computers. Would the bookmobiles have computer hookups? And would they sell ice cream, also? Best, Don Bauder

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Don Bauder Dec. 21, 2010 @ 10:43 a.m.

Everyone, SP? Seems you have had some disagreements with those who deny participating in a scam. Best, Don Bauder

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SurfPuppy619 Dec. 21, 2010 @ 12:20 p.m.

Everyone, SP? Seems you have had some disagreements with those who deny participating in a scam. Best, Don Bauder

======================

Hehehehe.....close to everyone!

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Founder Dec. 21, 2010 @ 8:49 a.m.

When our Leaders vote for Big Projects "because we need jobs" it makes me mad because most of these jobs are short term and the debt they create is very L-o-n-g term!

Also many of the Company's winning the bids are from out of town so the "big" money (profit) also leaves SD.

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Don Bauder Dec. 21, 2010 @ 11:21 a.m.

I am sure you have noticed that when a company wants some kind of corporate welfare -- whether a direct handout, trade protection, special tax slash -- the argument the company advances is it will create JOBS. Such hogwash. If the company gave a hoot about jobs, it would start hiring, rather than raising the obscene pay of the top executives. Best, Don Bauder

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SurfPuppy619 Dec. 21, 2010 @ 12:26 p.m.

When our Leaders vote for Big Projects "because we need jobs" it makes me mad because most of these jobs are short term and the debt they create is very L-o-n-g term!

================= Yep!

And any 1st semester econ major knows 80% of ALL job creation comes from SMALL business, not big business or big projects.

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Founder Dec. 21, 2010 @ 12:51 p.m.

Maybe we should put on a Econ 101 Review for the entire City Council...

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Don Bauder Dec. 21, 2010 @ 4:31 p.m.

The only one on the council who has ever understood economics is Donna Frye. She has run a business. And she also STUDIED all the measures that came before council. Best, Don Bauder

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SurfPuppy619 Dec. 21, 2010 @ 5:11 p.m.

Maybe we should put on a Econ 101 Review for the entire City Council...

===================== You're assuming the clowncil have the brain power to learn from such an experience, unfortunately their brains seem to be stuck at the untrained circus chimp learning level!

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Don Bauder Dec. 21, 2010 @ 4:29 p.m.

Large, publicly-held companies are deliberately not hiring, or still laying off workers, so they can boost profits and justify obscene pay for top executives. Profit margins are back at an all-time record while the nation suffers near double-digit unemployment. Best, Don Bauder

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SurfPuppy619 Dec. 21, 2010 @ 10:41 p.m.

Big Business doesn't care about Main Street, have not for the last 30 years.....neither do the Congress IMO.

Big Business outsourced the manufacturing, and tax base, of our country.

Congress allowed by not stepping in to stop it, and by default stopped protecting our standard of living.

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Don Bauder Dec. 22, 2010 @ 7:46 a.m.

You profess to be a Hayek follower. The companies sending manufacturing abroad to jack up their short term profits and justify outrageous salaries for top management used free market arguments -- the kind advanced by Hayek. However, I agree with you that we are moving alarmingly toward a plutonomy, or an economy designed to live for and massage the rich, under a government that is a plutocracy, or government by the rich and by corporations. We are probably there in both cases. Best, Don Bauder

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nan shartel Dec. 21, 2010 @ 7:44 p.m.

Large, publicly-held companies are deliberately not hiring, or still laying off workers, so they can boost profits and justify obscene pay for top executives. Profit margins are back at an all-time record while the nation suffers near double-digit unemployment. Best, Don Bauder

BAH HUMBUG!!!!!

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Don Bauder Dec. 22, 2010 @ 7:49 a.m.

You have to write your political representatives and tell them their jobs are in jeopardy if they continue to promote a plutonomy (economy designed for the rich) and a plutocracy (government run by the rich). Best, Don Bauder

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Founder Dec. 22, 2010 @ 8:34 a.m.

Ha Ha That's really funny, Don!

Our elected Leaders are not doing anything except paying lip service, if that, to their "public"; if they were doing otherwise, they would be in the news making statements instead of soundbite style $PIN remarks.

Send a letter or email to a Rep. and you now get a vague form letter back (if a reply at all) that is actually an infomercial for the Rep and encouraging you to donate so they can "do more"...

I actually got to speak to a CA Senator's Rep. recently, who told me that they would put some of my suggestions in front of them but I'd have to do it ASAP as they were finalizing what issues they were gong to be promoting during the upcoming year!

I now believe that we are watching a "play" Gov't., where most of the decisions are so structured that in reality our future has been already decided and the bureaucracy is merely making all the players look good in exchange for their big Pensions...

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Don Bauder Dec. 22, 2010 @ 9:15 a.m.

And that foreordained future is not a pleasant one -- except possibly for Wall Street, which is feasting on the liquidity pumped out by the federal government and Federal Reserve. Best, Don Bauder

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