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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

Drexel to Shutter Sacramento ProgramsDrexel University's board of trustees has decided to begin the process of phasing out Drexel's undergraduate and graduate programs in Sacramento

Sutter Roseville Addresses Patient Care During CNA PicketThe California Nurses Association (CNA) has informed Sutter Roseville Medical Center (SRMC) it will hold an informational picket in front of the medical center on Thursday, March 5

Placer SPCA Reduced Adoption FeesThroughout the month of March, all Lucky St. Catrick's cats have waived adoption fees and all St. Pitty's Day pit bulls have a reduced adoption fee

Lake Tahoe Ski Resorts Get Boost with SnowstormTahoe South launches into spring with more than a foot of fresh powder falling on area ski resorts: Heavenly, Sierra-at-Tahoe and Kirkwood this past weekend

Local Women Recognized at Soroptomist Awards CeremonySoroptimist International of Loomis Basin (SILB) recently presented nearly $5,000 in community awards

50 Days of the Dead: Mission in the RainThe Jerry Garcia Band ripping through a powerful Mission in the Rain from one of our favorite shows.

Roseville Crime Report Digest Update (3.3.15)The Roseville, CA weekly police crime report update for March 3, 2015.

Roseville Thieves Targeting Mail and Catalytic ConvertersRoseville police are reporting an increase in both mail and catalytic converter thefts.

Led Zeppelin in Roseville on March 30thRoseville area residents have the opportunity to see Led Zeppelin on the big screen March 30th at Century Roseville

Vertical Express for Can Do MS Squaw ValleyVertical Express for Can Do MS at Squaw Valley March 14- 15.

California Nut Festival Tickets on Sale March 6thTickets for the 2015 California Nut Festival held in Chico go on sale March 6th.

Ophir Gardens: Safe Water Flows AgainResidents of Ophir Gardens no longer have to worry about having a safe, reliable water supply.


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