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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

Santucci Memorial Golf Tournament slated for SeptemberRoseville, Calif., - The 14th annual Bill Santucci Memorial Golf Tournament will take place Friday, Sept. 29 at Sierra View Country Club in Roseville.

PlacerArts Presents the 24th Annual Auburn Art WalkAuburn, CA - The annual Auburn Art Walk presented by PlacerArts will take place on Friday, Aug. 4

California Fire Updates (7.19.17)California Fire Updates 2017: Approximately 6,000 firefighters are battling 17 large wildfires in California.

Celebration for New Roseville Center for Sierra CollegeRoseville, Calif., - Sierra College invites the public to see its state-of-the-art classrooms and facilities at the new Roseville Center location in the heart of Roseville's Town Square

Paul Bancroft appointed to Sierra College BoardTruckee, CA -Kings Beach resident Paul Bancroft has been appointed to the Sierra College Board of Trustees. Bancroft will represent Area 2 and replaces Dave Ferrari who retired

Walmart Pays to Resolve Allegations of Violating Federal False Claims ActSACRAMENTO, Calif. - Wal-Mart Stores Inc. has paid $1.65 million to resolve allegations that it violated the federal False Claims Act when it knowingly submitted claims

Viva la Tomato at the Midtown Farmers MarketSACRAMENTO, Calif. - The Midtown Association (MA) is pleased to announce exciting special activities happening in July - many designed to celebrate Sacratomato Week

Woodcreek Oaks Boulevard Expansion in RosevilleRoseville, CA- Expect delays for the next few months if you plan on traveling down Woodcreek Oaks Boulevard.

Granite Arch on Alzheimer's Memorial Wall a Tribute to President Ronald ReaganSacramento, CA - East Lawn Memorial Park is proud to unveil a granite arch on its historic Alzheimer's Memorial Wall on Saturday, July 22 at 10 a.m

Roseville and Lincoln to Host Senior Softball ChampionshipsRoseville, Calif - The 17th Annual Senior Softball Western National Championships will arrive in Placer Valley on July 25-30 with stops in Roseville and Lincoln.

Genesis G80: Luxury sedan at reasonable priceRoseville, CA- The 2017 Genesis G80 is a classy sedan has a long list of standard features, yet is still offered at a reasonable price.

Roseville Gas Prices Send Motorists on the RoadRoseville, CA- When it comes to gas prices, it's been a fun summer to hit the road. In Roseville, the trajectory of gas prices has kept the cost of filling up


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