Calafia confidential: mission accomplished
Ed Bedford 12:18 p.m., May 22
The San Diego County unemployment rate dropped to 10.4% in April from a revised 11% in March, according to the state Employment Development Department. This compared with 12.3% for California and 9.5 for the U.S. during the same period. Construction jobs were up 0.9% for the month, but down 7.4% from a year earlier. Manufacturing jobs were down 0.2% from March and down 6% from a year ago. Retail jobs were down 0.5% over the month and down 2% from a year earlier. Financial jobs were up 0.1% from March but down 3.7% from 12 months earlier. One big surprise was leisure and hospitality jobs, up 0.7% for the month but down 1.4% over 12 months. Tourism jobs were up 1 percent from March despite continuing weak tourism numbers. Those jobs are down 2.3% over 12 months.
Comments
MURPHYJUNK May 22, 2010 @ 8:49 a.m.
my brief survey shows the same empty businesses on my drive to work, same amount of illegals hanging out looking for work, same amount of street people ( bums ) hanging out
I think the term "dip" is more about the persons at Employment Development Department. making the survey
Don Bauder May 22, 2010 @ 3:27 p.m.
Response to post #1: Those unemployment stats jump around. If more people join the work force, the unemployment rate is likely to go up even if a large number of jobs have been gained. The grim picture that you paint is an accurate one and isn't captured adequately in the stats. Best, Don Bauder
SurfPuppy619 May 22, 2010 @ 5:18 p.m.
Those unemployment stats jump around
It only jumps around on the "official" UE rate-the U-3 rate. The gamed UE rate.
The U-6 UE rate. the true UE rate, accounts for those who have been out of work longer than 6 months, as well as part timers who are looking for and need f/t employment.
Don Bauder May 22, 2010 @ 9:08 p.m.
Response to post #3: The underemployment number is very scary. Best, Don Bauder
Don Bauder May 23, 2010 @ 1:09 p.m.
Response to post #5: On a seasonally adjusted basis, U-6 rose from March to April nationally. Best, Don Bauder
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