Outlook brightens in Placer County
Roseville, CA- Placer County unemployment rate for the latest reporting period is 9.8%, according to California’s Employment Development Department.
The rate marks of sizeable drop from the previous month’s unemployment rate of 12.8%. Placer County currently has the 11th lowest unemployment rate in the state. Sacramento County posted a 12.5% rate, placing it 40th in the state.
California counties under 10% unemployment
|SAN LUIS OBISPO||9.90%|
California’s overall unemployment rate stands at 13.7% and remains above the rate during the Great Recession.
The dropping unemployment rate along with Placer County recently being removed from the state’s Covid-19 watch list offers encouraging news and may suggest that the worst of the crisis may be behind us in both health and economic terms.