Unemployment Rates in Placer County: June 2009

Here are the most recent figures for unemployment in Placer County as of June 2009 per the Employment Development Department. The figures below consider both cities and Census Designated Places (CDP). Placer County as a whole has an unemployment rate of 11.4% (10.9% in May 2009). For reference Sacramento County’s June unemployment rate is 11.8% (11.1% in May 2009).

It’s interesting to note that the unemployment rate in Placer County went up in every city and CDP from May to June 2009. This same phenonmenon was seen in Sacramento data.

Auburn city        9.4%  (9.0% in May 2009)

Colfax city         15.2%  (14.5% in May 2009)

Dollar Point CDP         13.5%  (12.9% in May 2009)

Foresthill CDP     17.3%  (16.7% in May 2009)

Granite Bay CDP        7.7%  (7.3% in May 2009)

Kings Beach CDP       11.1%  (10.6% in May 2009)

Lincoln city       20.0%  (19.3% in May 2009)

Loomis town      7.2%  (6.9% in May 2009)

Meadow Vista CDP        11.0%  (10.5% in May 2009)

North Auburn CDP         14.6%  (14.0% in May 2009)

Rocklin city       7.9%  (7.5% in May 2009)

Roseville city     11.4%  (10.9% in May 2009)

Sunnyside Tahoe City CDP         11.5%  (11.0% in May 2009)

Tahoe Vista CDP        17.8%  (17.1% in May 2009)

Feel free to give me a call at 916-595-3735 or shoot me an email at info@lundquistcompany.com if you have any questions about the figures above, the impact of unemployment on the real estate market or any potential real estate appraisal needs. Figures for July 2009 have not yet been released by EDD, but I’ll put up another post very soon when the data becomes available.