Saturday, 27 May 2023

County's unemployment rate up in July

LAKE COUNTY – Lake County's jobless rate climbed in July, topping June's rate and showing a significant rise over the same time last year.


The county's preliminary July unemployment rate was 10.2 percent, up from the revised June rate of 9.5 percent and 1.9 percent above the year-ago, July 2007 rate of 8.3 percent, according to Dennis Mullins of the Employment Development Department's North Coast region office.


Mullins said that, at a 10.2 percent unemployment rate, Lake County ranked 47th among the State's 58 counties.


Some surrounding county rates included 10.5 percent for Colusa, 6.6 percent for Mendocino and 6.1 percent for Sonoma, according to Mullins.


Marin had the lowest rate in the state at 5.0 percent, said Mullins, and Imperial County had the highest with 23.3 percent. The comparable California and U.S. rates were 7.6 and 6.0 percent, respectively.


Mullins reported that total industry employment increased 380 (2.6 percent) between July 2007 and July 2008 ending the year-over period with 15,110 jobs.


Year-over job growth occurred in manufacturing; trade, transportation and utilities; information; private educational and health services; leisure and hospitality; and government.


Year-over job losses occurred in natural resources, mining and construction; professional and business services; and other services.


Farm and financial activities were industry sectors with no change over the year.


Mullins said government led industry gainers adding 220 jobs over the year. The private educational and health services sector was up 90 jobs and trade, transportation and utilities gained 70. Leisure and hospitality increased 20, and manufacturing and information were each up 10 jobs.


Professional and business services led decliners dropping 20 for the period, said Mullins, with natural resources, mining and construction, and other services each down 10 jobs.


Eight industry sectors gained jobs or held steady over the year, and three declined, according to Mullins.


Gov. Arnold Schwarzenegger issued a statement on the state's unemployment picture, saying the entire nation continues to suffer through a slow economy that is affecting jobs and families here in California, and he's working with legislators to include in the state budget an economic stimulus package.

 

“Construction and financial services continue to struggle in California, but I am encouraged about recent increases in housing purchases and that other job sectors – while they do not have the robust growth we want or expect in California – are holding steady,” Schwarzenegger said.


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