Jobless stats indicate area economy’s rise | TheUnion.com
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Jobless stats indicate area economy’s rise

Unemployment figures released Friday show signs of an improving economy here and statewide.

The unemployment rate in Nevada County fell 0.4 percent in April from the previous month, with more jobs and fewer people looking for work over the month, according to preliminary figures issued by the state Employment Development Department. The figures are not adjusted for seasonal effects.

Nevada County’s unemployment rate fell from 4.8 percent in March to 4.4 percent in April. The March figure was adjusted upwards by 0.1 percent from preliminary figures issued in April.



The California unemployment rate showed the same drop, from 6.7 percent in March to 6.3 percent in April, while U.S. unemployment dropped from 6.1 percent to 5.7 percent.

Nevada County employers added an estimated 90 jobs from March to April, for a total of 28,310 jobs.




Some of the jobs added were seasonal, including farming, retail, restaurants and hotels. But the drop in unemployment also shows an economy picking up steam after a slowdown, said Mary Mahoney, labor market consultant with the EDD.

The layoff-plagued manufacturing sector was down 250 jobs from April 2001, but added 20 jobs from March to April.

The manufacturing sector in Nevada County is likely to see slight growth from an improving state economy, Mahoney said.

“I think the economy overall in the state is starting to recover, and we’ll be affected by that,” Mahoney said.


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