Unemployment rate edges up in Palo Alto, county | News | Palo Alto Online |

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Unemployment rate edges up in Palo Alto, county

 

While the California unemployment rate stayed flat in January at 9.8 percent, the rate crept up in parts of the Bay Area, including Palo Alto and Santa Clara County as a whole, according to data released by the state's Employment Development Department.

Palo Alto's unemployment rate edged up from 4 percent in December of 2012 to 4.2 percent in January and Santa Clara County's rate grew from 7.6 to 7.9 percent.

Mountain View's unemployment rate went from 5.6 percent in December to 5.9 percent.

During the same time East Palo Alto's unemployment rate jumped from 14.4 percent to 15 percent. Menlo Park's rate increased from 4.8 to 5 percent.

San Mateo County's rate went from 6 to 6.3 percent.

In the Bay Area, the highest jobless rate was in Solano County at 10 percent in January.

Other counties saw unemployment rates rise, including San Francisco where December's 6.5 percent rate bumped up to 6.8 percent in January.

The lowest unemployment rates in the Bay Area and state remain in Marin County at 5.8 percent.

However, that rate increased slightly from 5.5 percent in December.

Nationwide, the unemployment rate in January was 7.9 percent.

— Bay City News and Palo Alto Online Staff

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Comments

Like this comment
Posted by what does it mean
a resident of Downtown North
on Mar 26, 2013 at 12:47 pm

Unemployment rates typically increase after Christmas season, right? Is the increase in this article more or less than average for the past 10 years?


Like this comment
Posted by stephen levy
a resident of University South
on Mar 26, 2013 at 5:39 pm

stephen levy is a registered user.

The article confuses seasonally adjusted rates (that take inot account normal seasonal variations like post holiday layoffs) with non-seasonally adjusted data.

The Palo Alto data is not seasonally adjusted.

The CA data not seasonally afjusted for Decembre 2012 is 9.8% versus January 2013 of 10.4%.

the article compares apples to oranges so to speak and has no informative value at all.


Like this comment
Posted by Dennis
a resident of Downtown North
on Mar 26, 2013 at 5:52 pm

Apples and oranges blended together make a tastier refreshment than provided by statistical honesty.


Like this comment
Posted by hahahahaha
a resident of Woodside
on Apr 4, 2013 at 6:54 pm

Ok, unemployment rate increase, but...what about population growth???, youths are in a need of a job, there is only one job versus 2 youths. We have to understand the consequences of population growing, other thing is the age of pension, government has to increase the age of productivity, we can not say that we can not work more at the age of 60...what??? my half life is gonna be a parasite??? hells no, I respect the elderly but honestly they are 10 versus 5 young adults, and 10 versus 3 youths, they are gaining money without moving a finger. I won't stop to be productive even at the age of 70 o 80, hope to live till there!!!.


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