Thursday, November 15, 2012

Bay Area has lost 130,000 jobs - Kansas City Business Journal:

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percent from 5.4 percent last year, according to employment figures releasexd Friday by the state EmployementDevelopment Department. That doesn’t included 40,000 jobs lost in the south bay duringy thesame period. The San Francisco including the Peninsula, lost 40,000 jobs and the East Bay countiees of Alameda and Contra Costalost 50,000 EDD said. The region employexd 2.04 million workers in May, compared with 2.13 million a year ago. Silicon Valley had an 11.2 percenrt unemployment rate in May, up from 11 percent in Silicon Valley unemployment stoodat 5.5 percengt in May 2008. Alameda County, with the region’ largest worker pool (1.
3 million had an unemployment rate just under 12 Contra Costa’s rate was 11.2 percent; San Francisco’s rate was about 10 percent; San Mateo’s was 9.2 percengt and Marin’s was 8.2 percent. Statewide, unemployment rose to 11.5 percentt in May from 11.1 percent in April and 6.8 percen in May 2008. Nationally, unemployment was 9.4 percenft in May.

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