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Placer County's Real Unemployment Rate?




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Roseville, CA -- Locking down accurate unemployment rates is no easy task. The unemployment rate depends on where you look and who you ask.

According to the California EDD, Placer County's Unemployment Rate dropped to 7.1%, a steep drop from the recessionary peak of 11.9% in March of 2010. The City of Lincoln shows a 13% unemployment rate, which is more on par with neighboring Yuba County  than the rest of Placer County. The Rocklin and Roseville Unemployment Rate is reported at 5.1% and 7.2%, respectively.

Those numbers get local officials cheering, but are the figures accurate?

Yes and No

  • Yes, based on the select data inputs the EDD uses, they are accurate.
  • No, if you utilize data points that are considered more inclusive.

The California EDD calculates civilian unemployment based on individuals who were not working but were able, available, and actively looking for work.

The U-6 Unemployment Rate, considered by many to be more reliable and alternative indicator is defined as total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.

The U-6 Unemployment rate for California is closer to 18% while the California EDD numbers show 8.5% unemployment.

The unemployment rate is simply pegged to different definitions and Placer County's actual unemployment rate is not always what is appears.





Placer County News Headlines

Roseville City School District Honors Teachers of the Year(Roseville, CA) - The Roseville City School District (RCSD) recently announced their Teachers of the Year. Heidi Polewaczyk and Michael Larsen have been selected

Roseville Gas Prices Throttling HigherRoseville, CA- A quick look around Roseville had motorists noticing gas prices trending upward. Prices in Roseville have pushed past the $3 mark

IHOP Pancake Drive-thru Benefits UC Davis Children's Hospital(SACRAMENTO, Calif.) - On Monday, Feb. 26, pancake lovers can drive through, eat their fill of short-stack pancakes and make a donation to support sick and injured children at UC Davis Children's Hospital

Wild Bill's 16th annual Tattoo-a-thon Feb. 24th(SACRAMENTO, Calif.) - Wild Bill's 16th annual Tattoo-a-thon will take place on Saturday, Feb. 24, from 8 a.m. to midnight. Thirty tattoo artists have volunteered to work 16 hours during this year's event and all proceeds

2018 Run Rocklin set for April 8th at Johnson-Springview ParkRocklin, CA,- Thousands of runners and walkers will once again be participating in the morning trek through the city streets at the 15th annual Run Rocklin, held Sunday morning,

WJU Athletic Fundraiser at Topgolf in Roseville in AprilRoseville, CA, - The Jessup Athletic Association will host the second annual TopSwing Fundraising event - a fun gathering, providing golf, games

Raley's Food For Families Food Drive Up 29 PercentWEST SACRAMENTO, Calif. - For more than 140,000 families in communities surrounding Raley's stores, this holiday season was a more fulfilling one. This year's annual Raley's Food For Families

Placer County Child Support Services Ranks Fourth in CaliforniaAuburn, CA,- Placer County Department of Child Support Services ranked fourth out of 49 local child support agencies in California for federal fiscal year 2017.

Toyota RAV4 top-selling compact SUVRoseville, CA,- The 2018 Toyota RAV4 has a reputation for solid versatility because it can haul groceries, carry sports equipment, transport four kids to school, and ease into small parking spaces.

Archery Tournament in Rocklin on Feb. 17Rocklin, CA - The California Department of Fish and Wildlife and Placer Valley Tourism are teaming up to host the second-ever land based archery tournament

Online Safety for Your Children: Social Media, Internet, Cell Phone AppsRoseville, CA- Facebook, Twitter, Instagram, Snapchat, Flickr, Vimeo. Is your child engaging in these social media websites?

New Chief Of Pediatric Cardiology at UC Davis Children's Hospital(SACRAMENTO, Calif.) - Frank Ing, an internationally renowned interventional cardiologist, has been named chief of the UC Davis Division of Pediatric Cardiology.


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