Tuesday, November 18, 2003

Business

County jobless rate stabilizes

By Daily Republic staff

Solano County's unemployment rate is holding steady, according to statistics recently released by the Employment Development Department.

The county had a 5.6 percent unemployment rate in October, compared to a 5.4 percent in October 2002.

Statewide and nationwide, the unemployment rate also is showing little change.

California had a 6.4 percent unemployment rate in October, compared to 6.6 percent in October 2002. The nation had a 5.6 percent unemployment rate in October, compared to 5.3 percent in October 2002.

"It's starting to stabilize," said labor market consultant Cynthia Solorio.

"We're not seeing any major dips in the economy."