• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Sacramento Appraisal Blog | Real Estate Appraiser

Real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.

  • About
  • Appraisals
  • Order
  • Ask Ryan
  • Areas
  • Classes
  • Press
  • Trends
  • Share
  • Contact

Unemployment declined from March to April in Sacramento County

May 21, 2012 By Ryan Lundquist 2 Comments

New unemployment stats are out for Sacramento County. The unemployment rate dropped from 11.4% to 10.5% from March to April 2012. This is a big drop for one month, so we’ll have to see what coming months yield to see if this is just a blip or not. Whatever the case, it’s nice to see the overall downward trend in unemployment over the past year. It’ll only mean good news for the housing market to keep seeing this number decline. Source: EDD.

Unemployment Rate January 2009 to April 2012 - by Sacramento Home Appraiser - 530 pixels

Here is a graph of unemployment in Sacramento County since 1990 to give a panoramic view of the job market. It’s amazing to consider the history of where we’ve been (and maybe a bit depressing too).

Unemployment in April 2012 - graph by Sacramento Appraiser - 530 pixels

Do you want to share these graphs? If you’d like to use these graphs on your blog or website to be a resource to your readers and clients, please do so. If you need a larger size for a presentation or newsletter (or your blog), let me know. Please see my sharing policy for details. As always, thank you for linking back to me and keeping my images intact. It’s a huge honor when others share my content.

What do you see above? Anything stand out to you?

If you have any questions or Sacramento area real estate appraisal or property tax appeal needs, contact me by phone 916-595-3735, email, Twitter, subscribe to posts by email or “like” my page on Facebook

Share:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Related

Filed Under: Market Trends, Resources Tagged With: economy in Sacramento, EDD, Graph of unemployment, Home Appraiser, House Appraiser, jobs and housing market, jobs in sacramento county, real estate market in Sacramento county, Sacramento Real Estate Appraiser, unemployment in sacramento county

Reader Interactions

Comments

  1. Ralph Valencia says

    May 21, 2012 at 11:59 PM

    Not to be the pessimist here…but I would take unemployment numbers with a grain of salt. While the % may have in fact gone done, be sure you read between the numbers. The labor force also decreased by 6400 people….where did those people go? Mysteriously, the drop in unemployment benefits dropped by 6700 people. That’s more people that remain unemployed but because they have no job and can no longer collect benefits…they are not counted in the labor force anymore. The number of employed persons only increased by 300 people……the difference between the number of people that are not count in the work force and the number of people no longer receiving benefits. I would say this numbered is skewed and lower than what it really should be……just my thought. 🙂

    Reply
    • Ryan Lundquist says

      May 22, 2012 at 12:17 AM

      I hear you, Ralph. I’m the ultimate optimist in life, but I do take these numbers with a grain of salt for sure (especially the huge drop). I tend to view positive economic news with skepticism and a sense of needing time to really view the positive news too (then we’ll see if it’s really spin or something actually lasting). Overall unemployment has been declining since the summer of 2010 in Sacramento County, but the past few months have seen a slight uptick (besides this month). The huge drop in April is technically a “decline” as I mentioned in the title of the post, but it’s definitely a qualified trend since we’ll see what the overall trend does in coming months. Unemployment numbers tend to bounce all around. Thanks for your insight. This is so important to pay attention to.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Subscribe to Weekly Post

(only 1 post per week)

Connect with Ryan

 Facebook Twitter LinkedIn YouTube Google+ Pinterest

Search this site

Blog Categories

  • Appraisal Stuff (390)
  • Bankruptcy (3)
  • Divorce (4)
  • Estate Settlement (6)
  • FHA Appraisal Articles (56)
  • Internet (53)
  • Market Trends (417)
  • Photos from the Field (126)
  • Property Taxes (70)
  • Random Stuff (221)
  • Resources (553)
  • Videos (161)

Blog Archives: 2009 – 2017

Lundquist Appraisal Links

  • Appraisal Order Form
  • Appraisal Website
  • Rancho Cordova Appraiser Website
  • Sacramento Appraisal Blog Sitemap
  • Sacramento Real Estate Appraiser Facebook Page
  • Twitter: Sacramento Appraiser (@SacAppraiser)
  • YouTube: Sacramento Appraiser Channel

Most Recent Posts

  • The players in the market & normal pendings
  • How do we value a house with a HUGE non-permitted addition?
  • More owners, less sales, & confidence
  • Being neutral, price per square foot, and the Governor’s new digs
  • At least read this part of the appraisal
  • Will buyers step on the gas or brakes in 2019?
  • Real estate trends to watch in 2019
  • The real estate left behind after a fire
  • An underrated metric & slumping volume
  • Seven years of price increases & my blue kitchen island

Disclaimer

First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

Please see my Sharing Policy on the navigation bar if you are interested in sharing portions of any content on this blog.

The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

There are no affiliate links on this blog, but there are three advertisements. Please do your homework before doing business with any advertisers as advertisements are not affiliated with this blog in any way. Two ads are located on the sidebar and one is at the bottom of each post. The ads earn a minor amount of revenue and are a simple reward for providing consistent original content to readers. If you think the ads interfere with your blog experience or the integrity of the blog somehow, let me know. I'm always open to feedback. Thank you again for being here.

Copyright © 2019 Sacramento Appraisal Blog