September 17, 2010
San Francisco County Unemployment Holds At 9.7 Percent In August
Preliminary August labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rate at 9.7%, 8.4% and 9.1% respectively, unchanged in San Francisco, down 0.2 percentage points in Marin and 0.3 percentage points in San Mateo.
On a revised basis, the number of unemployed in San Francisco fell by 100 in August (from 44,500 to 44,400) as the number of employed fell by 500 (from 413,100 to 412,600) and the labor force contracted by 700 (from 457,600 to 456,900).
Overall California unemployment fell by 0.3 percentage points to 12.4% as the labor force contracted by 44,700 workers and the ranks of the unemployed fell by 70,300.
First Published: September 17, 2010 10:00 AM
Comments from "Plugged In" Readers
Huh? The LA Times says that California unemployment rose:
The state's jobless rate increased to 12.4%, up from 12.3% in July. Employers shed 33,500 jobs in August, marking the third straight month of payroll job losses.
[Editor's Note: The Times is reporting seasonally adjusted numbers (ours are not), follow our link to the actual report above.]
Posted by: lark at September 17, 2010 2:25 PM