Most Bay Area Counties Have Unemployment Rates Below 4%

November 20, 2017 16:00 pm · 20 comments

The unemployment rate was below 4 percent in October in eight of the nine San Francisco Bay Area counties, officials with the California Employment Development Department said.

San Mateo County had the lowest rate at 2.5 percent followed by Marin County at 2.6 percent and San Francisco County at 2.7 percent.

The rates were between 3 and 3.5 percent in Santa Clara, Sonoma, Napa, Alameda and Contra Costa counties.

Solano County had the highest unemployment rate in the Bay Area at 4.3 percent.

The unemployment rate was 4.9 percent statewide compared with 4.1 percent nationwide in October.

Dorothy November 20, 2017 at 4:28 PM

Statistics can be great lies that tell the wrong truth. The unemployment rate may be low but the number of people who have jobs that pay a living wage is low also. We need an apples to apples comparison between the number of people who can live on their wages, after all the deductions, and the employment rate. That rate could be counting the same person in 2 or 3 different jobs.

NunYa November 20, 2017 at 4:39 PM

If there at least getting to be more jobs than people, than wages should be going up. Basic economics.

Any got a raise?

Original G November 20, 2017 at 4:46 PM

Yet they never give the number of jobs which provide a living wage versus part time or minimum wage. The U-3 often cited enables politicians to pat themselves on the back using a massaged measurement.
https://www.bls.gov/lau/stalt.htm
Far more accurate gauge of the six choices is the U-6 measure on Table A-15.

“U-6 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”

https://www.bls.gov/news.release/empsit.t15.htm

Franklin November 20, 2017 at 4:49 PM

The unemployment rate we read in the press is pretty simple number. The report that the governent issues is about 20 pages long with lots of information about employment. Worth a read at least once if you want to really understand what’s going on. Then again you can say the economy is good if you have a job. Lose that job and it’s different story.

Patriot November 20, 2017 at 4:55 PM

Thanks Obama! The greatest President ever!

rocco November 20, 2017 at 5:01 PM

If unemployment is so low, why are employers still being charged a 2% FUTA payroll tax?

Bringit November 20, 2017 at 5:03 PM

These numbers are hogwash and everyone knows it.

THE ANIMAL November 20, 2017 at 5:09 PM

My full time job is just enjoying my retirement………………….

Badge1104 November 20, 2017 at 5:21 PM

Thank you President Trump!
But even as he admitted that a lot of people were not showing on the statistics, because they”ve been unemployed so long, and.hes working to get those people tired now too!
( and good paying jobs, not like all those minimum wage jobs like Obama created )

CSS November 20, 2017 at 5:25 PM

If one working at McDonalds and trying to live off of that wage, forget it. Occupying a chair at a job or filling a position does not mandate that you earn a living wage. The responsibility and accountability you have in a job should be the indicators of the worth of your employment. Get educated, trained or both to advance in life. THERE ARE NO FREE LUNCHES!

foothillsguy November 20, 2017 at 5:28 PM

@NunYa,

Yes, In the last 2 years I have received a 13.4% raise. In those 2 years I acquired a QAC license ( qualified applicator certificate) and also got a class b
commercial license. Both of these required that I study on my own and pass numerous tests but it was worth it. These 2 things stand out really well when applying for a public works position for a city or county job.

Dera November 21, 2017 at 12:13 AM

Now that we can panhandle at BART stations

NunYa November 21, 2017 at 4:44 AM

@King A

Bwaaa, haaa, haaaa…….

dinkydau November 21, 2017 at 8:03 AM

Unemployment compensation money runs out for people and then their names are off the books. Thus reflecting a different and lower number of unemployed. I dont believe any of those statistics. All smoke and mirrors.

Pac Islander November 21, 2017 at 10:20 AM

Lol… I love the whole, “Trump inherited a rising economy from Obamas hard work” but refuse to acknowledeg the the economy was rising when Bush left office…
They also fail to acknowledge that Obama flooded the country with currency (low fed interest rates) causing 8% a year inflation. Thats why a car today costs 2-3 times as much as 2008.

Ask folks who were waiting for cola advances because those were based off true economic health numbers and not the flag waiving ones cnn and msnbc use. There were sub par cola advances, or none, during each of Obamas years. I finally got a decent one this year because of first quarter numbers and expectations were so high. And rightly so, they are planning on another good one next year.

Fred P. November 21, 2017 at 11:15 AM

@king archie – so pray tell…..

What is your experience/training/education in macroeconomics, national fiscal policy, the Federal Reserve, and the stock market?

I expect with your claims that you should be the top nominee for (at least) running the Federal Reserve… With your “expertise”, you should have made millions.

We’re waiting…….

Venice November 21, 2017 at 12:33 PM

Clearly, King Archie doesn’t understand.

woody November 21, 2017 at 2:29 PM

Want a better wage, get a better job.

Original G November 21, 2017 at 3:28 PM

King Archie the Invincible … You must be new here.

Business needs two conditions in order to risk capital and expand
Political Stability and Regulatory Certainty.
Under Obama administration there was neither.

Yet President Obama repeatedly tried via teleprompter lecturing to get business to invest money they had on the sidelines.

A then Democrat member of the US House of Representatives from California summed up the Obama administration in an article he wrote for The Hill dot com.

“After observing President Obama for the last three years, it has become obvious to me that the president might prefer to be a university professor rather than do the job he holds today. While he might not realize that he feels this way, the evidence is very clear to those who work with or watch him closely.

Let me be clear — I’m not trying to disparage professors. But anyone who wonders why the president is not crushing the weak Republican field only needs to examine how President Obama has behaved more like Professor Obama:

‘IDEA DISEASE’

In the president’s first year in office, his administration suffered from what I call “idea disease.” Every week, and sometimes almost every day, the administration rolled out a new program for the country. There was no obvious prioritization and, after the rollout, very little effort to actually pass the latest idea/imperative/plan/edict. Instead, the new programs just kept coming, with the new proposals constantly stepping on the previous day’s message. This rampant “idea disease” squandered the tremendous goodwill generated by the Obama campaign’s message of “hope,” tainting the president’s personal appeal.”
http://thehill.com/blogs/congress-blog/cardozas-corner/198861-the-professorial-president

When it came time for reelection even MSNBC was having second thoughts.
Chris Matthews remembering the way JFK challenged and motivated the country.
https://www.youtube.com/watch?v=AcvjbQ_GRd0

2014
‘Obama Administration Costs $767 Billion in Lost GDP’
“Federal Reserve officials lowered their expectations for economic growth after their meeting this week. In their latest quarterly outlook, Fed officials said they expect the U.S. economy to grow by 2.1 percent to 2.3 percent in 2014. Three months ago, the Fed had expected growth to be 2.8 percent to 3.0 percent.”
https://www.newsmax.com/finance/MichaelCarr/GDP-Obama-growth-Fed/2014/06/20/id/578262/#ixzz35O8qZNoZ

‘Sorry, Obama Fans: Reagan Did Better on Jobs and Growth’
https://www.forbes.com/sites/kylesmith/2014/09/11/sorry-obama-fans-reagan-did-better-on-jobs-and-growth/#1bb946fa55e1

‘Which Presidents Have Been Best for the Economy? ‘
https://www.usnews.com/news/blogs/data-mine/2015/10/28/which-presidents-have-been-best-for-the-economy

‘FINAL REPORT CARD: Here’s how many jobs were created under Obama’
https://www.cnbc.com/2016/07/18/obamas-record-on-jobs-versus-five-other-presidents.html

March 1, 2017
‘Obama First President Since Great Depression Not to See 3% GDP Growth’
https://www.cnsnews.com/news/article/terence-p-jeffrey/obama-first-president-great-depression-not-see-3-gdp-growth

‘THE VERDICT: A comprehensive look back at Obama’s jobs record’
http://www.businessinsider.com/obama-jobs-report-labor-market-participation-rate-2017-1/#since-obama-took-office-in-january-2009-the-us-economy-has-added-11250000-people-to-total-nonfarm-payrolls-1

Hugh November 24, 2017 at 12:11 AM

#20, newsmax.com and business insider, eh? These are clickbait sites or are affiliated with the beacon of unvarnished BS that is Steve Bannon. Just, stop.

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