Education, health care plus professional business services created 1,400 jobs countywide to help reduce Manteca’s unemployment rate to 15.4 percent in February.
That translated into a net gain of 143 more Manteca residents who have secured jobs.
The Manteca unemployment rate had reached a post World War II high of 16.2 percent in January.
There were 23,900 people living in Manteca who were employed in February according to a report released Friday by the state Economic Development Department. There are 4,300 Manteca residents who are still looking for jobs.
The state’s monthly jobless rate remained above 12 percent as it has for the last 15 months but it did drop from 12.4 percent in January to 12.2 percent last month based on figures the EDD released on Friday. That reflects almost 100,000 new jobs. Meanwhile, the national unemployment rate decreased in February to 8.9 percent.
San Joaquin County’s jobless rate went from 17.9 percent in January to 17.6 percent in February. The county jobless rate was 18.4 percent in February of 2010.
San Joaquin County added 2,300 jobs overall including 2,000 non-farm jobs.
The only employment category to retreat was trade, transportation and utilities with a loss of 100 jobs on top of 1,300 jobs lost in January. The 46,600 jobs in the category is the tops in the county followed by government with 37,000 jobs, education and heath services with 30,100 jobs, manufacturing with 17,200 jobs, leisure and hospitality with 16,200 jobs, farming with 11,500 jobs, financial activities with 7,700 jobs, and construction with 7,300 jobs. .
Stockton’s jobless rate dropped from 22.1 percent in January to 21.1 percent in February.
The jobless rate in January in Ripon went from 12.7 percent down to 12.5 percent, in Lathrop at 14.3 percent down from 15.1 percent, in Escalon it was 16.2 percent down from 17.1 percent, in Tracy it was 11.2 down from 11.8 percent, and in Lodi it was 13.2 down from 14.2 percent.
It’s been 17 months since the jobless rate was under 14 percent in Manteca. That was in September 2009 when it was at 13.5 percent. The jobless rate in Manteca hasn’t been under 10 percent for nearly four years.
The jobless rate in the Northern San Joaquin Valley is impacted as much by the Bay Area economy as it is by the local economy. The data reflects the number of available adults who are gainfully employed or not within a certain jurisdiction within the county. Overall, the job count reflects positions available in the county although they could be held by non-county residents just like many Bay Area jobs are held by those who live in the Northern San Joaquin Valley.
California added 96,500 nonfarm jobs in February, bringing the total to slightly more than 14 million. There were job gains in 10 out of the 11 sectors surveyed, with only government jobs declining, by about 1,400. The largest gain was in professional and business services, which added nearly 40,000 jobs.
The February job gains were the largest in the nation, said Stephen Levy, senior economist for the Center for Continuing Study of the California Economy in Palo Alto.
“The state’s job growth was led by gains in high tech professional services, temporary help jobs, a rebound in construction jobs and a 10,400 gain in the motion picture sector,” Levy said in an email. “The manufacturing sector continued to rebound, adding 3,600 jobs. Growing port activity contributed to a rebound in wholesale trade and other port-related sectors.”
The state’s survey of 42,000 California businesses found an increase of 196,300 jobs, or 1.4 percent, from February 2010 to last month.
About 2.2 million Californians remain unemployed, down by 44,000 from January and 49,000 from February 2010, the state reported.
The Employment Development Department also reported that 666,260 people were receiving unemployment benefits during the survey week, down from 714,145 a year earlier. New claims, however, were up from the prior month and year-over-year
The report comes a day after California state auditor Elaine Howle reported that the department has been consistently slow to pay benefits and has fallen short of federal performance standards. The state also faces a looming deadline for repayment of federal loans to its unemployment program and may have to either cut benefits or increase payroll taxes to meet its obligation. The problem could cost California employers $325 million in additional taxes in 2012 and could eventually balloon to as much as $6 billion, Howle said.
That translated into a net gain of 143 more Manteca residents who have secured jobs.
The Manteca unemployment rate had reached a post World War II high of 16.2 percent in January.
There were 23,900 people living in Manteca who were employed in February according to a report released Friday by the state Economic Development Department. There are 4,300 Manteca residents who are still looking for jobs.
The state’s monthly jobless rate remained above 12 percent as it has for the last 15 months but it did drop from 12.4 percent in January to 12.2 percent last month based on figures the EDD released on Friday. That reflects almost 100,000 new jobs. Meanwhile, the national unemployment rate decreased in February to 8.9 percent.
San Joaquin County’s jobless rate went from 17.9 percent in January to 17.6 percent in February. The county jobless rate was 18.4 percent in February of 2010.
San Joaquin County added 2,300 jobs overall including 2,000 non-farm jobs.
The only employment category to retreat was trade, transportation and utilities with a loss of 100 jobs on top of 1,300 jobs lost in January. The 46,600 jobs in the category is the tops in the county followed by government with 37,000 jobs, education and heath services with 30,100 jobs, manufacturing with 17,200 jobs, leisure and hospitality with 16,200 jobs, farming with 11,500 jobs, financial activities with 7,700 jobs, and construction with 7,300 jobs. .
Stockton’s jobless rate dropped from 22.1 percent in January to 21.1 percent in February.
The jobless rate in January in Ripon went from 12.7 percent down to 12.5 percent, in Lathrop at 14.3 percent down from 15.1 percent, in Escalon it was 16.2 percent down from 17.1 percent, in Tracy it was 11.2 down from 11.8 percent, and in Lodi it was 13.2 down from 14.2 percent.
It’s been 17 months since the jobless rate was under 14 percent in Manteca. That was in September 2009 when it was at 13.5 percent. The jobless rate in Manteca hasn’t been under 10 percent for nearly four years.
The jobless rate in the Northern San Joaquin Valley is impacted as much by the Bay Area economy as it is by the local economy. The data reflects the number of available adults who are gainfully employed or not within a certain jurisdiction within the county. Overall, the job count reflects positions available in the county although they could be held by non-county residents just like many Bay Area jobs are held by those who live in the Northern San Joaquin Valley.
California added 96,500 nonfarm jobs in February, bringing the total to slightly more than 14 million. There were job gains in 10 out of the 11 sectors surveyed, with only government jobs declining, by about 1,400. The largest gain was in professional and business services, which added nearly 40,000 jobs.
The February job gains were the largest in the nation, said Stephen Levy, senior economist for the Center for Continuing Study of the California Economy in Palo Alto.
“The state’s job growth was led by gains in high tech professional services, temporary help jobs, a rebound in construction jobs and a 10,400 gain in the motion picture sector,” Levy said in an email. “The manufacturing sector continued to rebound, adding 3,600 jobs. Growing port activity contributed to a rebound in wholesale trade and other port-related sectors.”
The state’s survey of 42,000 California businesses found an increase of 196,300 jobs, or 1.4 percent, from February 2010 to last month.
About 2.2 million Californians remain unemployed, down by 44,000 from January and 49,000 from February 2010, the state reported.
The Employment Development Department also reported that 666,260 people were receiving unemployment benefits during the survey week, down from 714,145 a year earlier. New claims, however, were up from the prior month and year-over-year
The report comes a day after California state auditor Elaine Howle reported that the department has been consistently slow to pay benefits and has fallen short of federal performance standards. The state also faces a looming deadline for repayment of federal loans to its unemployment program and may have to either cut benefits or increase payroll taxes to meet its obligation. The problem could cost California employers $325 million in additional taxes in 2012 and could eventually balloon to as much as $6 billion, Howle said.
