Staff and wire reports
The unemployment rate fell in Tuolumne and Calaveras counties in October compared to last year, according to a recent study completed by the Employment Development Department which tracks local labor statistics.
Tuolumne County saw modest job creation and its unemployment rate fall to 12.5 percent in October, compared to 13.1 percent during the same period last year. However, it was a slight increase from September, when unemployment hit a two-year low of 12.4 percent.
The number of people filing for unemployment benefits fell from 3,320
last year to 3,160 in October, with the number of employed people
climbing slightly from 21,980 last year to 22,020 in October.
Most job sectors saw falling or flat employment figures last month, with modest gains in government jobs and hospitality.
While unemployment also fell slightly in Calaveras County to 14.6
percent, the number of people looking for work and the total labor
force also fell. The civilian labor force was 19,300 in October, a 3
percent drop from19,860 during the same period last year.
Comparatively, 2,920 people were unemployed in October, with 2,810 last
Most job sectors decreased or remained flat in Calaveras County
last month, but there was modest growth in state and federal government
Unemployment rates fell in three-quarters of U.S. states last
month, a sign that many parts of the country are experiencing modest
California, which added 25,700 jobs in October, has an unemployment rate of 11.9 percent.
Unemployment rates fell in 36 states in October and rose in only
five, the Labor Department said Tuesday. Rates were unchanged in nine
states. That's the best showing since April, when rates fell in 39
Nationally, the unemployment rate ticked down to 9 percent in
October, from 9.1 percent the previous month. Employers added a modest
80,000 net jobs last month and the previous two months were revised to
show much stronger gains.
Still, at least 125,000 jobs a month are needed to keep up with
population growth, and at least double that amount to rapidly reduce
the unemployment rate.
Nevada had the nation's highest unemployment rate for the 17th
straight month. It was unchanged at 13.4 percent. California had the
second-highest rate at 11.7 percent. Mississippi and Michigan had the
next highest rates, both at 10.6 percent.
North Dakota reported the nation's lowest unemployment rate, at 3.5 percent. It was followed by Nebraska, at 4.2 percent.
Unemployment rates in Alabama, Michigan and Minnesota all dropped
by a half of a percentage point - the biggest declines among states.
Hawaii, Illinois, Indiana, Louisiana and Oklahoma all reported small increases in their unemployment rates.
Employers added jobs in 39 states. Payrolls declined in 11 states.
Illinois added 30,000 jobs, the most among states.
Illinois' job growth appears to have encouraged many people who had
stopped looking for work to resume job searches, increasing the size of
the labor force. That caused the unemployment rate to rise, despite the
Wisconsin reported the biggest job loss, a drop of 9,700, followed by New York, which shed 8,300.
There have been some signs in recent weeks that the economy and
hiring may pick up soon. The number of people seeking unemployment
benefits fell to a seven-month low last week. Retail sales also grew at
a healthy pace in October.
The economy expanded at a 2 percent annual rate in the
July-September quarter, the Commerce Department said Tuesday. That was
below an earlier estimate of 2.5 percent. But the drop was mostly
because companies cut back on their stockpiles of goods, probably
because they expected consumer and business demand to slow.
If demand remains steady, businesses may have to boost inventories
in the current quarter, leading to stronger growth. Many economists
forecast growth will accelerate to about 3 percent in the