Employment Down 0.7 Percent, Unemployment Rate Unchanged

Klein Tess

Bostonia (near El Cajon) had the highest unemploymet rate at 6.9 percent. Will it only go up from here, or is there still room to drop?

Minnesota's unemployment rate fell 0.1 percent in February to a seasonally adjusted 3.2 percent, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).

The state's jobless rate was 4.7 percent in January.

The San Diego County unemployment rate remained steady at 3.3 percent between November and December despite a loss of 3,500 jobs. In February, the labor force expanded by 3,950 after declining for the previous four months. "Both trends are good".

"A dynamic economy always will have some degree of churn. We never should expect the rate to approach zero".

Another survey of homes shows the number of people officially classified as unemployed in OH fell by about 9,000 in February to 271,000. Walden estimates that between 60,000 and 70,000 North Carolinians now are in the dropout category.

She said the state gained a total of 32,100 jobs in January and February.

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A rate compiled by the U.S. Bureau of Labor Statistics - the U6 index - includes those categories.

The number is down from 3.6 percent in January and down from 4.4 percent a year ago. The state had an 8.2 percent unemployment rate in February 2010.

Year-over-year, EDD said Golden State payrolls swelled by 383,600, a gain of 2.3 percent. The employment data recalculations are factored here as well.

"The construction industry continues to add employees in most of the nation, despite a shortage of workers with construction experience", said AGC's chief economist, Ken Simonson.

The state as a whole had almost 1,010,000 jobs in February, which was a little more than 2,500 more than a year ago, while the number of people employed was almost 981,000, which was 4,435 more than in February 2017. While some of the gain reflected increases typically posted at this time of the year, even seasonally adjusted numbers showed a robust gain of 7,000.

Walker made the state's high unemployment rate a central point of his first campaign in 2010, promising then to create 250,000 private-sector jobs by the end of his first term. Monthly gains were seen in the education and health services sector (+4,700), the government sector (+2,600), and the professional and business services sector (+2,400), among others.

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