Truckee unemployment lowest in county
Nevada County’s economy warmed up in July as the month’s unemployment rate dropped and the number of new jobs grew.
“That’s exactly the type of trend we like to see,” said Larry Burkhardt, president and chief executive officer of the county’s Economic Resource Council. “Those are good numbers.”
The drop in the county unemployment figures and rise in jobs mirrored those statewide, with the number of working Californians in July setting a new all-time high. Marin County had the state’s lowest unemployment rate in June, at 2.3 percent. The highest number of people seeking work was in Imperial County, with nearly a third of its work force, 29.6 percent.
Both Nevada County and the state continue to lag behind the national unemployment rate of 4.5 percent. Placer County’s rate stood at 4.2, according to state labor statistics.
The number of people in the county’s labor force, as well as the number of new jobs, grew during the month. New people entering the labor pool grew 140 to 41,740, while employment jumped 250 to 39,410.
According to Quentin Turner of the state Employment Development Department, figures released Friday afternoon show 2,330 people were out of work during July in Nevada County, down from 2,440 in June.
As with the state, most of the job growth was in services, especially in the retail trade industry. Strong job growth over the month was also seen in construction, manufacturing and trade industries, with the construction sector finally breaking above last year’s level.
Turner indicated that industry data excludes self-employed, unpaid family workers and household domestic workers.
Truckee continued to outpace the county’s two other incorporated areas, with the unincorporated areas of Lake of the Pines, Alta Sierra and Glenshire in Truckee also showing strong employment figures.
The unemployment rate within Grass Valley’s city limits remain the highest at 8 percent, which did not necessarily surprise Burkhardt.
“When you look at the demographics, you see that the city has a high level of lower-income people, who tend to congregate where there are services and service jobs.” Still, Burkhardt said, Grass Valley also on a decline in its unemployment rate.
The five areas tracked by the Employment Development Department account for 36 percent of the county’s entire employed work force.
Complete employment figures are available at the Employment Development Department ‘s Web site at http://www.calmis.cahwnet.gov.
Source: California Employment Development Department, not seasonally adjusted.
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Nevada County is now likely to remain in the red tier barring “extenuating circumstances,” thanks to changes to the state’s reopening blueprint announced this week.