What’s been happening with Sacramento County unemployment rates over the past several months? Below are the most recent figures for unemployment during the most recent four months per the Employment Development Department. The rates encompass both cities and Census Designated Places (CDP) in Sacramento County from May through August 2009. Data for September 2009 has not yet been released (wait about two more weeks for that).
As of August 2009, Sacramento County as a whole has an unemployment rate of 12.3% ( July was 12.0%, June was 11.6% and May was 11.1%). What do you notice about the data below? Does anything stand out to you or surprise you?
Arden Arcade CDP 11.9% (July 11.7%, June 11.4%, May 10.8%)
Carmichael CDP 9.1% ( July 8.9%, June 8.7%, May was 8.2%)
Citrus Heights city 8.6% (July 8.5% June 8.3%, May 7.8%)
Elk Grove CDP 10.0% (July 9.8%, June 9.6%, May 9.0%)
Fair Oaks CDP 6.8% (July 6.7% , June 6.6%, May 6.2%)
Florin CDP 18.2% (July 17.9 June 17.6%, May 16.7%)
Folsom city 5.6% (July 5.5%, June 5.4%, May 5.1%)
Foothill Farms CDP 15.6% (July 15.3%, June 15.0%, May 14.2%)
Galt city 18.4% (July 18.1% , June 17.8%, May 16.9%)
Gold River CDP 2.1% (July 2.0%, June 2.0%, May 1.9%)
Isleton city 13.2% (July 12.9%, June 12.5%, May 11.8%)
La Riviera CDP 6.7% (July 6.6%, June 6.5%, (May 6.1%)
Laguna CDP 6.4% (July 6.2%, June 6.1%, May 5.8%)
Laguna West Lakeside CDP 8.3% (July 8.1%, June 8.0%, May 7.5%)
North Highlands CDP 18.0% (July 17.6%, June 17.3%, May 16.4%)
Orangevale CDP 8.8% (July 8.6%, June 8.5%, May 8.0%)
Parkway South Sacramento CDP 20.4% (July 20.0%, June 19.7%, May 18.7%)
Rancho Cordova City 14.0% (July 13.8%, June 13.5%, May 12.8%)
Rancho Murieta CDP 3.8% (July 3.7%, June 3.7%, May 3.5%)
Rio Linda CDP 17.8% (July 17.5%, June 17.2%, May 16.3%)
Rosemont CDP 9.7% (July 9.5%, June 9.3%, May 8.8%)
Sacramento city 14.3% (July 14.1%, June 13.8%, May 13.1%)
Vineyard CDP 5.7% (July 5.6%, June 5.5%, May 5.2%)
Walnut Grove CDP 26.5% (July 26.2%, June 25.6%, May 24.5%)
Wilton CDP 7.5% (July 7.4% , June 7.2%, May 6.8%)
Every single category above, whether city or CDP, saw an increase in unemployment from July 2009 to August 2009. If there was a prize for lowest unemployment rate in Sacramento County, Gold River would be the winner at 2.1%. On the other end of the spectrum, Walnut Grove has the highest unemployment rate in Sacramento County at 26.5%.
Let me know if you have any questions about the latest figures. You are welcome to call 916-595-3735 or visit our company website at www.lundquistcompany.com
www.SacramentoAppraisalBlog.com Comparing Four Months of Unemployment Rates in Sacramento County: May-August 2009
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