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The San Diego County unemployment rate was 8.6% in January, up from a revised 8.2% in December and below the 9.5% of a year earlier. The county lost 22,000 jobs between December and January, 7,500 of which were in retailing, affected by seasonal factors, according to the Employment Development Department. Leisure and hospitality jobs dropped by 4,100 and government by 2,800. The data are being released late because of revisions by the Bureau of Labor Statistics. San Diego February numbers will come out next week.

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Comments

Visduh March 23, 2013 @ 8:05 a.m.

It's a real study to see how some newspapers can take data and make an upbeat story out of really poor news. Today's (Sat, Mar 23) Mill has the top front page story about the same employment data with the headline "LOCAL JOB GROWTH STRONG." Huh? Oh, it is reporting about the annual change during 2012, and reports that an (adjusted) 30,600 jobs were added in the year. That's good? Well, the piece reports that Allan Gin of USD thinks that's good. On the other hand, Lynn Reaser of PLNU doesn't see it through such warmly rose-colored glasses. A couple other economists see the trend as a good one, but after reading the piece, I'd not say the growth was "strong." Considering that the unemployment rate is still high and that the growth slowed in the later months of 2012, I'd say it was so-so at best. The headline writer at the Mill either didn't read the whole piece him/herself, or was told to spin it as good news, and did just that. Aw, shucks.

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Don Bauder March 23, 2013 @ 8:45 a.m.

Visduh: It appears what you are seeing is an extension of the modus operandi that Manchester/Lynch set in place upon taking over the paper: local businesses and the military get celebrated. The paper is a cheerleader for business. (Can you imagine my blog above about Qualcomm's offshore stash running in the U-T?) Since local businesses prefer seeing good news about the economy, that is the emphasis. Hide the bad news, hype any glimmers of good news. That appears to be true not only of individual companies, but of the overall local economy. Generally speaking, the San Diego economy is improving slowly, as is the national economy, but San Diego lags the nation. And the improvement, both locally and nationally, smacks of a Potemkin Village, based on easy money and debt. Best, Don Bauder

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Visduh March 23, 2013 @ 9:21 a.m.

Don, can we agree that in the case of the Mill, the more things change, the more they remain the same? In other words, has the UT changed much from the Copley years? Didn't that UT also celebrate local business and the military? (Especially the military and its many "billets"?)

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Don Bauder March 23, 2013 @ 11:48 a.m.

Visduh: Well, you have to admit that the U-T had a financial news staff that tried valiantly to fight the pro-business-no-matter-how-corrupt mentality of top management. We fought, and paid personal prices for fighting, but at least business coverage was much more honest than coverage of the plutocracy in the rest of the paper -- say, on the political and editorial page sides. Best, Don Bauder

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