CA unemployment drops to 7.3%

CA unemployment drops to 7.3%

Russian-WorkerPerhaps Gov. Jerry Brown’s campaign slogan is right: “California is back.”

Unemployment dropped to 7.3 percent in September, down from 8.8 percent a year ago.

Except the national rate is 5.9 percent. So California clearly is just following the national recovery, slight as it is — albeit not as strongly. We’re still 1.4 percentage points higher than the national rate.

And California still is at sixth worst, tied with Michigan and Tennessee. We’re nowhere near North Dakota, the best state, at 2.8 percent.

Of course, they have a shale-oil boom at the Bakken Formation.

But California has the Monterey Shale deposits, which a 2013 USC study showed would, if developed, grow the state GDP could  by as much as 14 percent; with state revenues increasing by 10 percent.

Brown did sign a bill allowing limited extra energy development. But we haven’t seen much from that yet.

Beside which, state taxes and regulations remain the highest in the nation. You can’t create more jobs if you keep killing them.

26 comments

Write a comment
  1. Terry
    Terry 20 October, 2014, 12:52

    And how many are not reported in the unemployment count because they are no longer eligible for benefits? And have given up looking. The govt never counts those people so the real rate is probably several percentage points higher.

    Reply this comment
    • maximilian
      maximilian 20 October, 2014, 13:30

      Terry, good point. We look at a California comeback when (a) we balance a budget on time and (b) unemployment figures look better. While most of this euphoria happens in Silicon Valley and the bay area, recent Cal Watchdog articles on California’s poverty rate, massive pension programs, high personal tax rates, welfare programs and high corporate tax rates are only setting up for a continual exodus of taxpayers and corporations to more affordable states.

      Reply this comment
  2. LetitCollapse
    LetitCollapse 20 October, 2014, 14:11

    Sure, U/E is 7.3% but since the 2008 meltdown 85% of the new jobs created pay $9/hr. We have fast food joints, banks and gas stations on practically every street corner. Most of those employees make minimum wage. Oh, it’s a great job market if you happen to be a cash register pounder. These kids coming out of college with sociology and psych and minority studies degrees with $50,000 loans are going to get the shock of their lives when they can’t even get a job @ WalMart. $13/hr with a 401-K will a dream job unless you have a connection in da gubment and can rip off the taxpayers! 😀

    Reply this comment
    • S Moderation Douglas
      S Moderation Douglas 20 October, 2014, 20:56

      Or,

      2010 to 2013 California warehouse and supercenter jobs increased by 50,000 (average wage $18 hour)

      “Nearly a quarter (23%) of California’s 904,000 new jobs from 2010 to 2013 came in occupations that pay at least $30 per hour at the median level.”

      ” 31% of new jobs from 2010 to 2013 came in occupations that pay between $15 and $29.99 per hour.”

      “That means 54% of new jobs from 2010 to 2013 pay at or above $15 per hour.”
      …………
      That’s from Forbes. Where did the 85% a $9 hr figure come from?

      Reply this comment
      • S Moderation Douglas
        S Moderation Douglas 20 October, 2014, 21:05

        And, Forbes again:

        “From 2012 to 2013, however, the share of new jobs that pay at least $15 per hour jumped to 67%. So California firms have more recently created a larger share of high-wage jobs.

        That’s good news for the nation’s largest state economy — and for the U.S. overall.”

        Sad news for doomers though, apparently.

        Reply this comment
        • LetitCollapse
          LetitCollapse 20 October, 2014, 22:48

          How about linking your proof sources? You should never quote a source without the relevant link. You’re a smart guy. You outta know better than that. Without the link your quotes are meaningless to me. Anybody could make that crap up.

          Reply this comment
          • S Moderation Douglas
            S Moderation Douglas 21 October, 2014, 06:06

            You funny!

            “since the 2008 meltdown 85% of the new jobs created pay $9/hr.”

            If your going to make stuff up, try to make it a *little bit* reasonable.

            “Extraordinary claims require extraordinary evidence.”
            Carl Sagan.

            I don’t have a “proof source”, whatever that is. Maybe Forbes can give you their sources.

            Forbes, May 8, 2014
            …………….
            I just assumed that ANYONE who actually believes that people on welfare make $17 an hour, or that ALL the jobs created since 2000 went to immigrants, would fall for anything they read on the world wide web.

            LOL, as they say.

            .

          • LetitCollapse
            LetitCollapse 21 October, 2014, 09:30

            If you can’t provide a proof source to your claims you’ve lost your credibility on the board. Anybody could type crap on this comment board and claim it to be a fact. Man up. Show us the source of your quotes or shut up.

          • S Moderation Douglas
            S Moderation Douglas 21 October, 2014, 15:42

            WHOA!!!

            You funnier by the minute!!!!!

            ” Anybody could type crap on this comment board and claim it to be a fact.”
            ………….
            LIC: ” since the 2008 meltdown 85% of the new jobs created pay $9/hr.”

            Citation? No
            Link? No
            Believable? No

            Yada, yada, rant, rant, “cash register pounders”, ” minority studies degrees”, ” da gubment and can rip off the taxpayers!”

            End rant (for now)
            ……………………
            S Moderation Douglas. (emphasis on “Moderation):

            Presented employment information from a “reasonably” reputable source.

            Identified the source….Forbes

            Link?……..alas, non ( http://en.m.wikipedia.org/wiki/Non)

            Where DID the 85% a $9 hr figure come from?
            ………………….
            LIC:

            WHERE’S YOUR SOURCE????
            WHERE’S YOUR LINK????
            ANYBODY COULD MAKE THAT CRAP UP!!!! (said the pot)

            “You’re a smart guy.” (I had to copy/paste that one, didn’t want to get it wrong. I’ll give you the link, if you want)
            ……………
            S Moderation Douglas:

            Forbes, May 8, 2014
            LOL
            ………………….
            LIC:

            DA LINK, DA LINK!!!!!

            You expect ME to type “Forbes, May 8, 2014 California employment” in MY browser???

            You have no credibility!!!
            Man up!!!
            ……………..
            S Moderation Douglas

            LOL

            You cannot make this stuff up.

          • LetitCollapse
            LetitCollapse 21 October, 2014, 17:49

            Here. I actually proof my claims:
            “The headline of today’s jobs report, that 288,000 jobs were created in the last month, is positive.”
            “Last month, 523,000 full-time jobs were lost, while 799,000 part-time jobs were added. Another way of looking at these numbers is that almost all of the 288,000 jobs created last month were just part-time positions.”
            http://www.washingtonpost.com/blogs/post-partisan/wp/2014/07/03/the-insiders-this-months-jobs-headlines-dont-tell-the-true-story/

            Almost all the jobs being created in this society are temp jobs and low paying jobs in the restaurant, janitorial, hospitality, etc.. industries. Good paying full-time jobs are being eliminated. Low paying and temp jobs are exploding. I hope I taught you something. Stop spreading propoganda. Moron.

          • S Moderation Douglas
            S Moderation Douglas 21 October, 2014, 20:52

            Tedious.

            Which one of these is not like the other? Which one of these just doesn’t belong?

            A) ” since the 2008 meltdown 85% of the new jobs created pay $9/hr.”

            B) ” Last month, 523,000 full-time jobs were lost, while 799,000 part-time jobs were added.

            Here’s a free clue: “month”. Proof? I don’t think so.

            Yes, yes, you did *taught* me something. It appears there are some out there in webland who will read only far enough to (allegedly) confirm their preconceived *opinions*.

            A one month increase in part time jobs does not *prove* that 85% of the jobs created since 2000, pay $9 an hour.

            Not……………even…………..close.

            Here’s a *LINK* :

            LINK coming up.

            Don’t miss the LINK!!!

            http://blogs.marketwatch.com/capitolreport/2014/07/03/part-time-work-jumps-in-june-by-nearly-800000/

            It was cited as a source for YOUR link. It appears they used ONLY ONE SENTENCE from the Wall Street Journal report.

            What they DIDNT use, if I may paraphrase:

            1) It is unusual, 799,000 increase in part time jobs is the largest ONE MONTH increase since Jan. 1994.

            2) The 523,000-person drop in full-time workers was the first decline since October.

            3) Stuart Hoffman, chief economist at PNC Financial Services Group. Quotes:

            ………….A). ” it could be noise.”

            ………….B). ” most of the part-time rise in June was not in those who want to find full-time work but couldn’t, and instead in those who voluntarily opted to do so.”

            ………….C). ” over the past 12 months, 10,000 new part-time jobs have been created — versus 2.12 million full-time jobs.”

            …………..D). ” And looking at the survey of establishments, it was high-paying sectors that were creating jobs in June. “These are not McDonald’s, Mickey Mouse kind of jobs,” Hoffman said. “This is a better-quality jobs story.”

            AND…….E). Hoffman said he wouldn’t be surprised if the number of part-time workers comes back to more normal readings in July and August.”

            I can’t imagine why the Washington Post didn’t include ANY of these points.

            (sarchasm)

            As a wise man once said:

            The glass is at least half full.

            (Who is this “Maroon”??)

            L
            O
            L

          • S Moderation Douglas
            S Moderation Douglas 21 October, 2014, 21:06

            Hmmmmmm .

            Wall Street Journal

            Washington Post

            Who DO I believe?
            ..,……………………..

            Seriously, now.

            Where DID the 85% a $9 hr figure come from?

            And why in hale are so many people afraid of GOOD economic news? There will be some actual bad news coming, from time to time. You just have to be patient. Don’t make this stuff up!!

          • S Moderation Douglas
            S Moderation Douglas 21 October, 2014, 22:18

            “Hoffman said he wouldn’t be surprised if the number of part-time workers comes back to more normal readings in July and August.”

            Waiting, waiting, waiting……

            Oct. 3, 2014, International Business Times

            “But the clearest sign of a reinvigorated economy came buried in the Labor Department’s monthly jobs report released Friday: The number of people who said they were working part-time for lack of full-time positions continued to decline in September  — from 7.27 million to 7.1 million — while full-time jobs increased by 273,000.”

            “If you look over last year, we’ve seen far more full-time job creation than part-time,” Eric Lascelles, chief economist for RBC Global Asset Management, told International Business Times.”

          • ricky65
            ricky65 22 October, 2014, 08:48

            Nice job, Collapso. You nailed SMD to the wall. He has no sources.
            He’s merely a Demo-troll whose job is to spread lies to counter the truth about the jobs situation so the low information voters will continue to vote Nov 4th against their own interests.

          • S Moderation Douglas
            S Moderation Douglas 22 October, 2014, 10:54

            Welcome to the party, ricky. You want sources. LIC wants LINKS. Apparently no one knows how to take advantage of the multi Billion dollar search engines we have at our disposal. You really have to go out of your way to find BAD news in California, or make up your own, like CWD does. (We call them “Seilerisms”.)

            The one thing all these search engines CAN’T find is :

            ” since the 2008 meltdown 85% of the new jobs created pay $9/hr.”
            …………………………….

            While I’m searching, here are some random SOURCES and LINKS

            “Construction helps California lead nation in job creation in August”

            http://www.scpr.org/blogs/economy/2014/09/19/17323/construction-helps-california-lead-nation-in-job-c/
            ……………………
            California leads nation in job creation

            http://www.cbsnews.com/news/california-leads-nation-in-job-creation/
            …………………….
            Last year California added 410,418 jobs, an increase of 2.8 percent over 2012, significantly better than the 1.8 percent national increase in jobs.

            http://www.sacbee.com/opinion/california-forum/article2604184.html
            ……………………..
            ” The job recovery in California has more momentum than in the nation as a whole”

            ” In the last month, nearly a third of all new jobs created nationally originated in California.”

            ” In the midst of a two-year rebound, the residential and commercial construction sector added 35,600 jobs compared with August 2013, a 5.6% surge. An additional 93,000 professional and business services jobs contributed to a 4% upswing in that sector. ”

            “The economy’s heating up, there’s more demand for their services both domestically and internationally, and more high-skilled workers are moving to California because it’s paradise.”

            http://www.latimes.com/business/la-fi-california-jobs-20140920-story.html
            …………………..

            Seriously, where is the source for

            “since the 2008 meltdown 85% of the new jobs created pay $9/hr.”?

            The glass is at least half full.

          • S Moderation Douglas
            S Moderation Douglas 22 October, 2014, 15:34

            Source?

            Link?

            Hello?

            Anybody there?

            “If you can’t provide a proof source to your claims you’ve lost your credibility on the board. Anybody could type crap on this comment board and claim it to be a fact. Man up. Show us the source of your quotes or shut up.”
            …………………………………………

            “since the 2008 meltdown 85% of the new jobs created pay $9/hr.” ?????

          • LetitCollapse
            LetitCollapse 22 October, 2014, 18:56

            You don’t seem to catch on very easily, SMD. A simple google search will find you many many many articles that complement the Wash Post article I posted. Besides, the Wash Post is a liberal publication that favors the Obola administration. If anything, the Wash Post publishes articles that SUPPORT Obola. If you knew anything about the major print media in the US – you would know that.

            When full time good paying jobs are eliminated (via downsizing, offshoring, etc…) and replaced with low paying full time or part-time jobs (as documented in the Wash Post article I linked)the large majority of NEW jobs are low paying full time or part-time. Duh?

            I could link at least a dozen articles from various publications that mimic the Wash Post article – but you can easily google “How many jobs created are low paying and part time” and see those articles for yourself. There are pages of them. Google is your friend. The common man is getting POORER, not RICHER, SMD. There is a reason for that. If the average wage was increasing the average net worth would rise. It hasn’t. It’s been on a consistent downtrend for the middle class worker. Do your research. I get tired of educating people like you free of charge.

          • S Moderation Douglas
            S Moderation Douglas 22 October, 2014, 21:50

            You *could* link a dozen articles mimicking WP, which was one month statistics, (a record bad month, by the way) Nowhere near your original statement.

            The most specific article I found using your phrase was

            http://www.huffingtonpost.com/2013/05/13/low-paying-jobs_n_3266737.html

            ” Roughly half of the jobs created in the United States in the past three years have been low-paying jobs, according to economists at the Royal Bank of Scotland, i

            RBS defines “low-paying” jobs as those paying 80 percent or less of the average private-sector wage of $20.04 per hour. Sectors that pay poorly include retail sales, leisure and hospitality and education.

            So, “roughly half” the jobs created pay $16 an hour or less?

            Not quite equivalent to ” 85% of the new jobs created pay $9/hr.” n’est-ce pas ? 
            ……….
            All I asked was ONE simple link.

            I’m tired of you trying to “educate” me, too.

            Near as I can tell, you’re an opinionated blowhard making up “facts” on the fly.

            That’s MY opinion.

          • S Moderation Douglas
            S Moderation Douglas 23 October, 2014, 04:57

            Incidentally, it’s perfectly acceptable to disagree with our presidents policies, or even his personality. To play stupid games with his name is just childish. And not even original.

          • LetitCollapse
            LetitCollapse 23 October, 2014, 13:13

            “So, “roughly half” the jobs created pay $16 an hour or less?

            Not quite equivalent to ” 85% of the new jobs created pay $9/hr.” n’est-ce pas ?”

            You didn’t calculate in all the PART-TIME jobs that don’t pay benefits which are created every month. By definition those are low paying jobs too! If you combine the LOW PAYING FULL TIME jobs and PART-TIME jobs those accounts for 85% or more of the jobs being created each and every month! Go read the Wash Post article again! And the Wash Post is OBOLA’s FRIEND!!! When’s the last time you looked for a job, SMD!! Try it sometime and see the flaws in your viewpoint.
            Oh, and the illegals are stealing jobs from our black communities! Keeping our black people poor. Obola is promoting illegal immigration and is about to give 9M or more illegals AMNESTY – causing more damage to the black community. Some savior, eh? And the net worth of the average black American has DECLINED in the last 6 years since Obola has been in office!!! 😀

          • S Moderation Douglas
            S Moderation Douglas 23 October, 2014, 15:06

            You read the article, LIC. Particularly the last three paragraphs. WP may be President Obama’s friend, but Ed Rogers sure isn’t. And he took ONE sentence out of context from a WSJ article.

            I am a smart man, LIC. You said so yourself. If I hear or read something that doesn’t sound reasonable, I check it out.

            I know, we ALL know, the “recovery” is not going NEARLY as well as past recoveries, or as well as we would like. I live in the Central Valley where the unemployment rate is 13.3% ( down from 15.3% this time last year. (And that ain’t U6)

            http://www.modbee.com/2014/03/07/3228145_stanislaus-county-unemployment.html?rh=1

            I read many posts that say “most” jobs are low wage/part time jobs. No disagreement.

            BUT

            “since the 2008 meltdown 85% of the new jobs created pay $9/hr.”

            Very specific, AND very extreme. If something sounds too bad to be true, maybe it is.

            I tried to search that several ways. Never found anything close.
            …………………
            All I asked for was a link. Simple. Not a “calculation”. Not another rant. A link. You know:

            ” Without the………….link……………your quotes are meaningless to me. Anybody could make that crap up.”

            Give me a link with 80% and $10 an hour, and I’ll apologize, even though, in my opinion, you’re an assbag rant machine that wouldn’t hesitate to “make that crap up.”

            Free of charge or not, it has been a didactic experience.

  3. Ulysses Uhaul
    Ulysses Uhaul 20 October, 2014, 19:54

    Teddy,

    Is his white coat to tight or something?

    Reply this comment
    • T Mind of Ted Your God
      T Mind of Ted Your God 20 October, 2014, 20:59

      Leave it to the doomers to make up the bad news…..yaaaaaaaaaaaaaaawn….

      Reply this comment
      • S Moderation Douglas
        S Moderation Douglas 20 October, 2014, 21:24

        Seilerism:

        “And California still is at sixth worst, tied with Michigan and Tennessee.”

        Forbes-ism:

        ” according to EMSI’s latest data release, it had the most total job gains of any state from 2010 to 2013 (904,000) and the most new jobs from 2012 to 2013 (341,000). Both marks rank sixth per capita among all states”

        Sixth worse or sixth best?

        Half empty or, you know?

        Reply this comment
  4. JPR11
    JPR11 21 October, 2014, 17:48

    CA is a state that has No interest in the economy or job growth. In fact, much that comes out of Sac now drives out business expansion to other states. Just look at the decline in state manufacturing where over 50% of those employed 10 years ago have been lost, permanently. CA get’s rated “Worst Business” state year after year. Significant Tax increases is always the answer to every political fiscal issue. After my 40 years in SV Tech I can understand the need to look out of state. Do you watch TV. NY advertises night after night for CA business. Sac is however focused on where to spend the next dollar. CA is no longer the Golden state but the Welfare state.

    Reply this comment
  5. Ulusses Uhaul
    Ulusses Uhaul 21 October, 2014, 19:59

    This is Hawaii- lite and Illinois – lite and Long Island -lite….

    We got a ways to go on low pay jobs, high taxes and energy costs, violent crime, crummy service jobs…..but will catch up.

    Reply this comment

Write a Comment

Leave a Reply


Tags assigned to this article:
Jerry BrownJohn Seilerunemployment

Related Articles

CalWatchdog Morning Read – June 17

  Assemblymember’s wife worries about retaliation Lawmakers streamline water-to-pot process Garcetti says no to VP gig Pharmaceutical industry sighs relief Another

Call her Prof. Dr. Big Sis

It was Matt Drudge who dubbed Janet Napolitano “Big Sis” when she was the head of the U.S. Department of

The sad reason Steinberg’s right about significance of his education bill

Sept. 28, 2012 By Chris Reed Some self-serving bragging by one of California’s most powerful politicians is more illuminating than