Placer County rate improves again
Roseville, Calif. – Placer County’s unemployment ticked down slightly down in the latest report from the California Economic Development Dept. The latest report has Placer County at 4.0 percent unemployment, tied for 6th best in California for the lowest unemployment rate statewide.
Overall, the economy has defied the will of political propagandists and “news” outlets for years that perpetuated their endless cycles of doom and gloom. A collapsing economy only existed in the imaginations of the imaginers.
Local Counties At a Glance
- Placer 4.0% (down from 4.2%)
- Sacramento 4.7% (down from 4.9%)
- El Dorado 4.3% (down from 4.4%)
- Nevada 4.1% (down from 4.3%)
- Yolo 5.3% (up from 5.2%)
- Yuba 6.9% (up from 6.7%)
California Unemployment Rate by County (Updated Jan 2025)
COUNTY | RATE |
SAN MATEO | 3.30% |
MARIN | 3.50% |
SAN FRANCISCO | 3.50% |
SAN LUIS OBISPO | 3.70% |
ORANGE | 3.80% |
SANTA CLARA | 3.80% |
INYO | 3.90% |
PLACER | 4.00% |
SONOMA | 4.00% |
NEVADA | 4.10% |
EL DORADO | 4.30% |
NAPA | 4.30% |
SAN DIEGO | 4.30% |
CALAVERAS | 4.40% |
MONO | 4.40% |
ALAMEDA | 4.50% |
SANTA BARBARA | 4.50% |
CONTRA COSTA | 4.60% |
SACRAMENTO | 4.70% |
VENTURA | 4.70% |
HUMBOLDT | 4.80% |
SAN BERNARDINO | 4.80% |
RIVERSIDE | 5.00% |
SOLANO | 5.10% |
TUOLUMNE | 5.10% |
AMADOR | 5.30% |
MENDOCINO | 5.30% |
YOLO | 5.30% |
MARIPOSA | 5.40% |
SHASTA | 5.40% |
SIERRA | 5.40% |
BUTTE | 5.60% |
LOS ANGELES | 5.70% |
ALPINE | 5.80% |
LASSEN | 5.80% |
TRINITY | 5.80% |
DEL NORTE | 6.20% |
SANTA CRUZ | 6.30% |
TEHAMA | 6.30% |
GLENN | 6.40% |
SAN JOAQUIN | 6.40% |
LAKE | 6.60% |
SAN BENITO | 6.60% |
STANISLAUS | 6.80% |
YUBA | 6.90% |
MODOC | 7.10% |
SISKIYOU | 7.30% |
MADERA | 7.70% |
FRESNO | 7.90% |
PLUMAS | 8.10% |
KERN | 8.30% |
KINGS | 8.40% |
SUTTER | 8.40% |
MONTEREY | 8.50% |
MERCED | 9.50% |
TULARE | 10.20% |
COLUSA | 15.60% |
IMPERIAL | 17.80% |
“The Real Unemployment”
Public agencies regularly use a series of measures to report on labor underutilization. Labeled U-1 through U-6, each measure takes a variety of statistics into account to report numbers. The U-6, although less used, is often considered a more reliable indicator. For example statewide, the California EDD reports California unemployment numbers at 5.5%. The Bureau of Labor Statistics (BLS) currently ranges from 2 percent (U-1) to 10 percent (U-6).
- U-1, persons unemployed 15 weeks or longer, as a percent of the civilian labor force;
- U-2, job losers and persons who completed temporary jobs, as a percent of the civilian labor force;
- U-3, total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate);
- U-4, total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers;
- U-5, total unemployed, plus discouraged workers, plus all other marginally attached workers, as a percent of the civilian labor force plus all marginally attached workers; and
- U-6, total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.
