Unemployment Rates in Sacramento County for June 2009

Sacramento-CountyHere are the most recent figures for unemployment in Sacramento County as of June 2009 per the Employment Development Department. The figures below consider both cities and Census Designated Places (CDP) for June 2009 (also compared with May 2009). Data for July 2009 has not yet been released. 

As of June 2009, Sacramento County as a whole has an unemployment rate of 11.8% ( May 2009 was 11.1%). The State of California has an 11.6% unemployment rate (unchanged from May 2009).

What do you notice about the data below? Does anything stand out to you or surprise you?

Arden Arcade CDP  11.4%  (May 2009 was 10.8%)

Carmichael CDP  8.7%  ( May 2009 was 8.2%)

Citrus Heights city  8.3%  ( May 2009 was 7.8%)

Elk Grove CDP  9.6%  (May 2009 was 9.0%)

Fair Oaks CDP  6.6%  (May 2009 was 6.2%)

Florin CDP  17.6%  (May 2009 was 16.7%)

Folsom city  5.4%  (May 2009 was 5.1%)

Foothill Farms CDP  15.0%  (May 2009 was 14.2%)

Galt city  17.8%  (May 2009 was 16.9%)

Gold River CDP  2.0%  (May 2009 was 1.9%)

Isleton city  12.5%  (May 2009 was 11.8%)

La Riviera CDP  6.5%  (May 2009 was 6.1%)

Laguna CDP  6.1%  (May 2009 was 5.8%)

Laguna West Lakeside CDP  8.0%  (May 2009 was 7.5%)

North Highlands CDP  17.3%  (May 2009 was 16.4%)

Orangevale CDP  8.5%  (May 2009 was 8.0%)

Parkway South Sacramento CDP  19.7%  (May 2009 was 18.7%)

Rancho Cordova City  13.5%  (May 2009 was 12.8%)

Rancho Murieta CDP  3.7%  (May 2009 was 3.5%)

Rio Linda CDP  17.2%  (May 2009 was 16.3%)

Rosemont CDP  9.3%  (May 2009 was 8.8%)

Sacramento city  13.8%  (May 2009 was 13.1%)

Vineyard CDP  5.5%  (May 2009 was 5.2%)

Walnut Grove CDP  25.6%  (May 2009 was 24.5%)

Wilton CDP  7.2%  (May 2009 was 6.8%)

As you can see, there was not one city or CDP (Census Designated Place) that was without an increase in overall unemployment numbers from May to June 2009. If there was a prize for lowest unemployment rate in Sacramento County, Gold River would be the winner at 2.0%. On the other end of the spectrum, Walnut Grove has the highest unemployment rate in Sacramento County at 25.6% (Can you believe that? 1 in 4 working people are without a job).

Let me know if you have any questions about the latest figures and how unemployment impacts the local real estate market. You are welcome to call 916-595-3735 or visit our company website at www.lundquistcompany.com

www.SacramentoAppraisalBlog.com Unemployment Rates in Sacramento County for June 2009

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