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San Mateo County Lowest Unemployment Rate in California

Unemployment rate

San Mateo County has placed itself as the one with the lowest unemployment rate in the state during the month of September, placing itself in September at 1.9 percent, according to the California Department of Employment Development ?EDD, for its acronym in English?.

The data issued by the department details that the workforce in the county is 457,000 people, of which 448,100 are employed, while 8,900 are still looking for a job.

In contrast, Imperial County is the most affected, since it has 16 percent unemployment, after 11,300 workers out of 70,500, do not have a job, which puts it in a greater vulnerability than it would have expected. normally faces the area.

While counties surrounding San Mateo, such as Santa Clara and San Francisco, presented an unemployment rate of 2.1 percent.

Statewide, the unemployment rate declined in the ninth month of the year to a record low of 3.9 percent after state employers added 6,500 nonfarm payroll jobs to the economy, the EDD noted.

Thus, the state has now recovered 99.1 percent ?2 million 734 thousand 200? of the 2,758,900 non-farm jobs lost during March and April 2020 due to the COVID-19 pandemic.

September 2022 marked the 12th consecutive month of nonfarm job growth, now adding 712,600 jobs over that time period.

Only five of California's 11 industry sectors added jobs in September, with Education and Health Services ?more than 15,000? showing the highest monthly earnings thanks to the strength of the payrolls within the Colleges, Universities and Professional Schools.

Meanwhile, the earnings of Leisure and Hospitality ?more than 8 thousand 700? much of it came from Special Food Services, such as catering and food trucks.

On the other hand, the losses in the Government? Of 16 thousand 100? they were generally due to weak local government contracting, outside of education. For example, reductions in administration and services.

Notably, the number of Californians employed in September was 18,544,100, a decrease of 20,100 from the August total of 18,564,200, but an increase of 755,400 from the September employment total. 2021.

Conversely, the number of unemployed Californians was 746,200 in September, a decrease of 37,600 for the month and a decrease of 471,900 compared to September 2021.

You may be interested in: 9.5 billion dollar middle class tax refund begins in California

Peninsula 360 Press
Peninsula 360 Presshttps://peninsula360press.com
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