LMI e-Newsletter - March 24, 2017 Edition
Labor Force and Industry Employment Data for February 2017
California's seasonally adjusted unemployment rate was 5.0 percent in February, down 0.2 percentage point from January, and down 0.6 percentage point from one year ago. In comparison, the U.S. unemployment rate was 4.7 percent in February, down 0.1 from January, and down 0.2 percentage point from one year ago.
In California there were 16,676,100 jobs in total nonfarm industries in February, a gain of 22,900 jobs from last month. This follows a revised 15,300-job gain in January and a 4,800-job gain in December.
Within nonfarm industries, seven sectors saw month-over job gains and four sectors saw job declines.
The sectors with increased employment in February were:
- Trade, Transportation & Utilities (11,100)
- Leisure & Hospitality (5,600)
- Construction (5,100)
- Professional & Business Services (2,700)
- Educational & Health Services (2,700)
- Other Services (2,000)
- Information (1,600)
Sector that lost jobs in February were:
- Manufacturing (4,000)
- Financial Activities (2,200)
- Government (1,500)
- Mining & lodging (200)
The lowest unemployment rate among California counties in February was 2.8 percent in San Mateo County. Seven other counties had rates below 4.0 percent in February: Marin (3.0); San Francisco (3.0 percent); Santa Clara (3.5 percent); Orange (3.7 percent); Sonoma (3.8 percent); San Luis Obispo (3.9 percent); Alameda (3.9 percent). The highest unemployment rate in February was 22.8 percent in Colusa County. The comparable, not seasonally adjusted California rate was 5.2 percent in February.
The next monthly data release will be April 21, 2017.
Help Wanted OnLine™ (HWOL) Data Series for February 2017
Nationwide, online job advertisements decreased by 7.9 percent in February 2017 compared to January 2017 levels. California had a decrease of 8.8 percent in job advertisements from January 2017 to February 2017. The supply and demand rate was two to one in both the United States and California. The supply and demand rates varied between the California Regional Planning Units with most having a higher supply and demand rate than the nation.
Note - (The supply and demand rate is defined as the number of unemployed individuals for every job advertisement. A lower supply and demand rate indicates that there are a fewer number of unemployed workers for every online advertisement.)
About the LMI e-Newsletter
The monthly "LMI e-Newsletter" makes it easy to stay up-to-date with the latest California Labor Market Information. It contains the latest news about additions to the EDD/LMI website, new product and data releases, and announcements of special events. The "LMI e-Newsletter" will be released on the same schedule as the monthly data release.