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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

UC Davis Alzheimer's Disease Center in Walnut CreekThe UC Davis Alzheimer's Disease Center, one of only 27 research centers designated by the National Institutes of Health's National Institute on Aging, has established a new clinic

Water Restrictions Expanded for PCWA CustomersDrought Watch: The Placer County Water Agency Board of Directors adopted the Stage 2 Water Warning condition under PCWA's Water Shortage Contingency Plan.

Maui Vacation: Journey Into ParadiseAnother magnificent day in Maui, where the possibilities seem almost limitless in the pursuit of fun.

A Taste of Excellence in Rocklin on May 2The Board of Directors of the Sierra College Foundation is pleased to announce the 11th Annual A Taste of Excellence, the organization's largest fundraising effort

Mazda CX-5 SUV is a WinnerMazda definitely made a wise move several years ago, introducing the CX-5 in hopes that it would fare better

The Fire Fee Shell Game: You Lose!Democrats in the California Legislature seem to be facing the reality that the fire tax they passed with the Governor's help in 2011 is unfair

Bipolar Disorder: Man Has Success (ATOU Cares)Sixty-seven year-old John Martin has bipolar disorder 1, a form of the disorder in which the manic state dominates.

Sutter Roseville Medical Center Opens New ChapelSutter Roseville Medical Center (SRMC) dedicated its new chapel this week, highlighting the beautiful space available to patients, visitors and staff

Deputy Secretary of Commerce Kicks Off Cap-To-CapOver 320 regional business, civic and elected officials travel to Washington, D.C. this week to meet with federal representatives to advocate on behalf of the six-county Sacramento region.

Miss Placer County Pageant Accepting ApplicationsMiss Placer County Pageant accepting applications for the June 27th pageant at the Placer County Fair.

Rocklin Crime Report Digest Update (4-17-15)Rocklin crime summary and digest update report for the period of April 6- 12, 2015.

Roseville Crime Report Digest Update (4.17.15)Weekly crime report digest update for Roseville, April 17, 2015


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