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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.

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Placer County News Headlines

Roseville Gas Prices Ticking UpwardRoseville, CA- Gas prices in Roseville and surrounding communities continue to push upward

Roseville Woman Sentenced for 14 Year Prison SentenceRachel Siders, 41, of Roseville, was sentenced to 14 and a half years in prison for her involvement in mortgage fraud schemes that cost financial institutions over $17 million

Hyundai Santa Fe has two diverse modelsRoseville, CA - One of Hyundai's more impressive vehicles is the Santa Fe, a sport utility vehicle that seats either five or seven people, depending on the model chosen

Lincoln Showcase: Fun, Exceptionally DoneLincoln, CA- Under a clear and comfortably warm autumn sky, Lincoln once again rose to the occasion for the annual Lincoln Showcase

WJU Opens New Science LabROCKLIN, Calif. - William Jessup University recently announced the opening of its new Gandy Chemistry Lab to students this semester, thus paving the way

Sacramento Capital Cup Fundraising Shatters $500,000 Goal Roseville, Calif. - Organizers of the Sacramento Capital Cup announced that they have surpassed their $500,000 fundraising goal

Video: Roseville State of the City AddressRoseville, CA- Roseville Mayor Carol Garcia kicks off the 2016 State of the City address highlighting the city of Roseville's strengths.

Oktoberfest at The Village at Squaw Valley September 24thSquaw Valley kicks off fall with the return of Oktoberfest, featuring authentic German craft beer, food, music and Bavarian-themed competitions.

Paid Placer County Poll Workers NeededAUBURN, Calif. -- Can't get enough of this year's election? The best seats in the house on Election Day are still available - and we'll pay you to take them.

Free Design & Engineering Advice in Rocklin and SacramentoRocklin, -- In celebration of National Manufacturing Day, on October 7, 2016, Sierra College, SME Sacramento Valley and Hacker Lab

Trash Talk Community Meeting in Roseville October 4thRoseville, CA - The Western Placer Waste Management Authority will host its sixth annual community meeting Tuesday, Oct. 4, at 6 p.m. to discuss odors and other operational issues

Mazda CX-9 a major hit with redesignRoseville, CA- The V6 engine is gone and the horsepower has been reduced, which leaves one wondering just what the heck Mazda was thinking when it put together the redesigned CX-9


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