Job Losses Shrink for a Second Month

Submitted by Rich Toscano on October 18, 2009 - 11:13am

The rate of year-over-year job losses in San Diego declined again last month, according to the latest estimates from the EDD. Between September 2008 and September 2009, the region lost 52,000 jobs. This is not great, obviously, but it's an improvement over recent months.

continue reading at voiceofsandiego.org

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Submitted by creative_cpa on October 20, 2009 - 3:37pm.

Rich: The employment figures you are using are the number of people employed in San Diego, irrespective of where they actally LIVE. If you pick up the other EDD data which shows the number of people who live in San Diego, irrespective of where they WORK, the numbers are more dismal. They show year-over-year job losses of 71,200.

Submitted by CricketOnTheHearth on October 20, 2009 - 3:46pm.

Hi, Rich:

Thanks for another data dogie* (single unit of a 'data roundup'). This one's interesting in a rather gloomy way.

As I understand the graph, this is not "total jobs we lost or gained this month" but rather a graph of comparisons to the same month a year ago. E.g. "how many jobs we've lost/gained compared to the same month a year ago".

I can't believe I'm firsties on this post after a whole day. Piggies must be really depressed by this news.

*pronounced "dough-gee". Means "calf".

Submitted by CricketOnTheHearth on October 20, 2009 - 3:47pm.

Oop. NOT firsties.

And wow the data are even more depressing.

Submitted by jpinpb on October 20, 2009 - 7:20pm.

creative_cpa wrote:
Rich: The employment figures you are using are the number of people employed in San Diego, irrespective of where they actally LIVE. If you pick up the other EDD data which shows the number of people who live in San Diego, irrespective of where they WORK, the numbers are more dismal. They show year-over-year job losses of 71,200.

Good point. I never thought of that. Some people live in San Diego and work elsewhere. Or people live elsewhere and work in San Diego.

Submitted by Rich Toscano on October 20, 2009 - 7:39pm.

creative_cpa wrote:
Rich: The employment figures you are using are the number of people employed in San Diego, irrespective of where they actally LIVE. If you pick up the other EDD data which shows the number of people who live in San Diego, irrespective of where they WORK, the numbers are more dismal. They show year-over-year job losses of 71,200.

Interesting... do you have a link to the other data source? I'd like to have a gander at it... I am less interested in the raw number than the directional trend (ie has the decrease slowed, sped up, or stay the same).

Thanks,
Rich

Submitted by creative_cpa on October 21, 2009 - 1:07pm.
Submitted by Rich Toscano on October 21, 2009 - 1:50pm.

creative_cpa wrote:
The mother of all data:

http://www.labormarketinfo.edd.ca.gov/?PAGEID=94

I was hoping you could point me at the specific report you are talking about...

Thanks,
Rich

Submitted by creative_cpa on October 21, 2009 - 4:43pm.

I can't link to the specific report because the website is interactive and you have to select the data you want. Here is how to get to the data:

Follow the link I gave you:
http://www.labormarketinfo.edd.ca.gov/?P...

On the right hand side, under Summary Data Profiles, select San Diego County from the dropdown list. On the next page, at the top is "Unemployment Rate and Labor Force (Not Seasonally Adjusted)". From there you can pull up historical data. The "Labor Force" data is the number of people living in San Diego County. Below that data is "Employment by Industry" which shows the number of jobs in San Diego county.

Submitted by Rich Toscano on October 22, 2009 - 7:53am.

Thanks creative, I will check it out...

rich

Submitted by creative_cpa on October 22, 2009 - 9:01am.

I prepared a chart of the Labor Force residing in San Diego County and the number of employed, from the California EDD data. Here's the link:

http://i36.tinypic.com/2ltrp77.jpg

This is why I said the picture is more dismal. We cannot expect a recovery in real estate until we have more people with jobs.

Submitted by CricketOnTheHearth on October 23, 2009 - 12:21pm.

Interesting. The graph shows the number of people in the labor force decreasing within the past year too. Would this mean people are moving away, or have discouraged former workers just stopped looking and dropped off the radar?

Submitted by Rich Toscano on November 2, 2009 - 7:27pm.

creative_cpa - Sorry I did not have time to follow up on this til now, but I finally checked it out. This is a distinction worth noting. I will start tracking these labor force numbers in addition to the usual stuff.

Rich

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