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County unemployment rises — as do jobs numbers

How so?

The county unemployment rate was 4.8 percent in October, up from 4.7 percent in September. The county gained 8900 jobs in the month. Government jobs rose by 6700, and seasonal government jobs rose by 3300, boosted by "return to school" employment.

The unemployment rate was down from 5.1 percent a year ago. The county gained 29,500 jobs year-over-year.

How can an increase in unemployment and jobs occur simultaneously? The unemployment rate is calculated by dividing the number of unemployed individuals by those in the labor force, which consists of persons seeking employment. The rate can go down while the number of jobs rises because the rate is based on the labor force, which can contract or expand apart from the growth or shrinkage of jobs.

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The county unemployment rate was 4.8 percent in October, up from 4.7 percent in September. The county gained 8900 jobs in the month. Government jobs rose by 6700, and seasonal government jobs rose by 3300, boosted by "return to school" employment.

The unemployment rate was down from 5.1 percent a year ago. The county gained 29,500 jobs year-over-year.

How can an increase in unemployment and jobs occur simultaneously? The unemployment rate is calculated by dividing the number of unemployed individuals by those in the labor force, which consists of persons seeking employment. The rate can go down while the number of jobs rises because the rate is based on the labor force, which can contract or expand apart from the growth or shrinkage of jobs.

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Comments
8

Not much of a continuing recovery, and nothing to brag about. The pattern of rising unemployment accompanied by job growth might continue for a long time. Many people who reported themselves as out of the labor force will have to reenter it, and job growth may be luring them back off the sidelines. We are still suffering from a slow, weak recovery from the recession, and have another downturn looming on the horizon. Will this period that started in 2008 be remembered in some of the same ways as the Great Depression of the 1930's? I think that could be the case.

Nov. 19, 2016

Visduh. This has been a Great Recession followed by a historically weak recovery. But it is not a rerun of the 1930s, when unemployment topped 20% and the stock market crashed. Best, DonBauder

Nov. 23, 2016

For 40 years the middle class has been left behind by the political class. Middle class jobs, that once paid a living wage with good benefits have become working class jobs with low wages and low/no benefits. Middle class neighborhoods are now to expensive for anyone working by the hour. Most of the political class caters to the wealthy and embrace free (not fair) trade policies that benefit only the wealthy. We are fast becoming a two class system with a non existent middle class.

Nov. 20, 2016

Free trade might be good for the economy - when measured by GDP or stock indices. But that doesn't mean free trade benefits everyone. I don't think free trade has been good for the working class - I think it's led to a lot of unemployment, underemployment, and stagnant wages. I think restoring at least some of our manufacturing base through changes in trade policy should be done to reverse the trend to a 2-class society.

Nov. 22, 2016

AlexClarke: So true. Both Bernie Sanders and Donald Trump caught the indignation of the public. I just wish I believed Trump believes what he said about raising the middle class in the campaign. Now, I don't thick so. Best, Don Bauder

Nov. 30, 2016

Employment measures such as employment-population ratio and civilian labor force participation rate have not recovered much - if at all - from the 2008 housing market crash and recession.

http://www.bls.gov/web/empsit/cps_charts.pdf

Nov. 21, 2016

ImJustABill: GDP did well in the most recent quarter, but that may be an aberration. We may get stuck with a sticky economy for a long time. Best, Don Bauder

Nov. 30, 2016

"The more you generalize about a population, the less you know about any individual in that population." --Henry Geiger

Averages have limited utility at best, and introduce dangerous misunderstanding at worst. ("Lies, damned lies, and statistics." --Mark Twain [Samuel Clemens])

Dec. 1, 2016

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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