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Unemployment Rate Takes Sizable Dip


Thursday, May 23, 2013
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The county’s unemployment rate dropped from 7.2 percent in March 2013 to 6.0 percent in April 2013. It also is below the year-ago estimate of 7.7 percent, according to officials, and below the statewide average of 8.5 percent. Officials say unemployment could be down to 5.0 percent by 2016.

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These figures are deceptive due to the number of people who's benefits have expired and are No longer recordable. This dropped number is NOT recorded and thus the lower number is false and misleading. There is NO number of increased employed or those who were unemployed and are now employed. The total number of unemployed persons is well over the 10% unemployed though there are no recording of either of those who found employment nor the total number of unemployed with or without benefits.

dou4now (anonymous profile)
May 23, 2013 at 9:41 a.m. (Suggest removal)

The city's unemployment rate is even lower at 5.2%. Many of those unemployed are either unemployable or exploiting our disability system. If you are here legally, have no criminal record and aren't too picky, you should have no trouble getting a job in the city of Santa Babara.

http://apps.npr.org/unfit-for-work/

Botany (anonymous profile)
May 23, 2013 at 10:33 a.m. (Suggest removal)

1. Only people drawing unemployment checks are counted.

2. The city's unemployment rate is higher than 5.2% no matter the fantasies of some commentators with the relatively few jobs geared to exploit the student labor market.

3. If your attitude is: "Many of those unemployed are either unemployable or exploiting our disability system" then you yourself are part of the problem.

Ken_Volok (anonymous profile)
May 24, 2013 at 1:36 p.m. (Suggest removal)

Sorry Ken. If you're one of the 5.2% in SB that can't find a job, then YOU'RE the problem. I have a job and pay FEDERAL INCOME taxes. I'm part of the solution, not the problem.

You should read that article on disability by NPR I linked in my last post. It's really quite revealing. NPR is also a highly respected news source among liberals.

Botany (anonymous profile)
May 24, 2013 at 2:17 p.m. (Suggest removal)

glad you have a job, Botany, and whoee you pay federal income taxes, plenty of us do so and that's nothing special. Shame on you for questioning another poster's job/joblessness: your hardened heart reflect your materialistic values.

DrDan (anonymous profile)
May 24, 2013 at 2:22 p.m. (Suggest removal)

I create jobs.

Ken_Volok (anonymous profile)
May 24, 2013 at 2:22 p.m. (Suggest removal)

The government questions people's joblessness all the time when they apply for benefits. Are you also accusing our government of having a hard heart and materialistic values for doing so?
And I wasn't questioning the poster himself, just his line of reasoning.

Botany (anonymous profile)
May 24, 2013 at 2:37 p.m. (Suggest removal)

Actually, they do count people whose benefits have run out in the unemployment rate. See http://www.bls.gov/cps/cps_htgm.htm for how the rate is determined.

Yves (anonymous profile)
May 24, 2013 at 4:50 p.m. (Suggest removal)

The devil is in the details!

For the national unemployment rate, Yves is correct. But at the CA state level, unemployment rates are computed in different ways. For the overall state rate, the method is consistent with the way the Bureau of Labor Statistics computes the national rate.

But for CA county/metro rates, a different method is used which appears to depend more on unemployment claims, as Ken Volok suggests:

http://www.edd.ca.gov/pdf_pub_ctr/de8...

So the question is, what unemployment rate is the Indy reporting in this article? It's the latter:

http://www.calmis.ca.gov/file/lfmonth...

Note ... if you're interested in unemployment rates, you should also look at "labor participation rates". The labor participation rate for the U.S. is at its lowest since 1979.. 63%. Not a healthy sign.

Labor participation rates for CA:

http://www.calmis.ca.gov/specialrepor...

Blacks as an ethnic group have the lowest labor participation rate in CA, but veterans have an even lower rate (over 50% of vets who could be working aren't even trying for various reasons).

EastBeach (anonymous profile)
May 24, 2013 at 10:06 p.m. (Suggest removal)

It must be the blacks and the vets fault then, right Botany?

AZ2SB (anonymous profile)
May 25, 2013 at 5:47 p.m. (Suggest removal)

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