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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

Achieve Tahoe to Host Ability Challenge Fundraiser at Squaw ValleyAlpine Meadows, CA - Achieve Tahoe, a leading provider of winter and summer adaptive sports instruction at all ability levels for adults and children with disabilities

Guys and Dolls at William Jessup University in AprilROCKLIN, CA. - William Jessup University's Creative Arts department presents Guys and Dolls for six weekend performances, starting April 7-8-9.

Prenatal Health Services to begin at Auburn Health CenterAUBURN, CA - Chapa-De Indian Health is proud to announce that its Auburn Health Center will begin providing prenatal health services to patients starting this week.

Roseville Skatetown to Host Curling BonspielRoseville, CA -Brand New Barrel Bonspiel Brings 16 California Curling Teams to Roseville on March 24-26.

Placer Valley Tourism to operate Placer County FairgroundsAUBURN, Calif. -- The Placer County Board of Supervisors today approved Placer Valley Tourism, a private nonprofit organization, as the new operator of the Placer County Fairgrounds

Roseville Gas Price Competition StiffensRoseville, CA - Competition has stiffened as Roseville gas prices were mostly flat during this past week.

GoatHouse Brewing: Beer Tasting in the CountryLincoln, CA - Goathouse Brewing, a converted barn for beer lovers and country explorers in Lincoln, CA.

Check for Leaks during Fix a Leak WeekSACRAMENTO- Get ready to be a leak detective and do your part during Fix a Leak Week, March 20 through 26. The average home leaks more than 10,000 gallons

Sierra College, Placer Union HS District Joint Board MeetingRocklin, CA - The Sierra College Board of Trustees and the Placer Union High School District Board of Trustees will hold a joint board meeting at Del Oro High School

Ty Smith named California State Railroad Museum DirectorSACRAMENTO, Calif. - California State Parks has announced Ty Smith as museum director for the California State Railroad Museum, one of the world's premier railway museums

Roseville City School District Opens Region's First Student Ballroom(Roseville, CA) -Warren T. Eich Middle School will proudly unveil a newly constructed ballroom for their Advanced Ballroom students

Chrysler 300 remains appealing American sedanRoseville, CA - If you are a car-buyer who enjoys driving a big, powerful sedan and wants to purchase American, consider giving the Chrysler 300 a thorough look.


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