Nevada County jobless rate holds as more workers enter market
Nevada County’s unemployment rate remained flat from October to November, despite nearly 500 people more joining the labor force during that time, the state Employment Development Department said Friday.
“To see the unemployment rate stay static over the month, that’s pretty good,” said Liz Bosley, an EDD labor market analyst. “Hope it stays that way as the seasonal employment picks up.”
The labor force dipped in October to 48,940 but jumped up to 49,390 in November while the seasonally unadjusted unemployment rate remained 8.3 percent between the two months, according to the EDD. Bosley said the fixed rate is significant as it represented more jobs in Nevada County.
The retail trade sector of the labor market added 60 jobs in November, 40 more than that same time the year prior, Bosley noted.
“That is promising to see because it is probably attributed to retailers gearing up for the holidays,” she said.
The hospitality sector of the labor market added the most jobs, almost 300 jobs or a 6.7 percent increase, in November, something Bosley said could be attributed to ski resort hiring. That sector has an average of 847 more jobs than it did in the year 2000, The Union reported Dec. 10 after reviewing labor market data.
“It is up by 50 (jobs) over the year,” Bosley said of hospitality jobs. “We’re doing better this year than last year.”
But not all job areas saw gains in November. The sector that encompasses mining, logging and construction saw the most jobs lost. It was down 3.9 percent or 100 jobs from October. Bosley attributed that to seasonal shedding of construction jobs as winter freezes work conditions.
“That seems like it is following normal seasonal trends, especially with construction,” she said. “Because of the seasonality of construction, it kind of tapers off this time of year.”
California’s jobless rate also remained static at a seasonally unadjusted 8.3 percent in November, continuing a positive trend after increasing temporarily over the summer.
When seasonally adjusted to 8.5 percent, the state’s unemployment rate fell two-tenths of a percentage point since October. It had fallen to 8.5 percent in June before bouncing back to 8.9 percent by August.
The U.S. Labor Department said California, Texas and Indiana reported the largest job gains in November as hiring improved across the country.
California added more than 44,000 non-farm jobs last month with trade, transportation and utilities leading the way. That business category alone added 32,500 jobs.
Also gaining jobs were mining and logging, construction, manufacturing, information and leisure and hospitality.
Four sectors lost jobs: financial activities; professional and business services; educational and health services; and government. The financial activities sector was the biggest loser, down 4,900 jobs.
California has added 903,000 jobs since February 2010, when the state employment department says the economic recovery began. Since November 2012, non-farm jobs increased by 226,200 jobs, up 1.6 percent.
Despite the gains, California still exceeds the national unemployment rate, which dropped to 7 percent in November.
Only four states were worse off: Illinois, Michigan Nevada and Rhode Island. Nevada and Rhode Island tied for the nation’s highest rate at 9 percent.
A year ago, California’s unemployment rate was 9.9 percent.
To contact Staff Writer Christopher Rosacker, email email@example.com or call 530-477-4236. The Associated Press contributed to this report.
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