Friday, October 20, 2006

State, local unemployment rates drop slightly - Sacramento Business Journal:

State, local unemployment rates drop slightly - Sacramento Business Journal:: "Sacramento Business Journal - October 20, 2006
http://sacramento.bizjournals.com/sacramento/stories/2006/10/16/daily48.html

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State, local unemployment rates drop slightly
Sacramento Business Journal - 1:46 PM PDT Friday

The return of the school year helped lower unemployment in the Sacramento region, according to figures released Friday by the state Employment Development Department. The four-county area added nearly 16,000 jobs year-over-year.

The state unemployment rate, adjusted for seasonal variations such as the start of the school year, was 4.8 percent in September, down from 4.9 percent in August. Greater Sacramento unemployment dipped to 4.2 percent in September, down from 4.4 percent in August and a year ago. The local numbers were not adjusted for seasonal varations; the equivalent statewide rate without adjustments was 4.6 percent.

By county, unemployment figures (not seasonally adjusted) were 3.8 percent in El Dorado, 3.6 percent in Placer, 4.4 percent in Sacramento and 4.0 percent in Yolo.

Overall for the month, the region netted 3,000 more jobs, a seasonal rebound after two consecutive months of net declines. That gave the region an increase of 15,900 jobs,"

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