Posted on 09/18/2010 12:21:23 AM PDT by Nitehawk0325
SANTA CRUZ - Santa Cruz County unemployment dipped in August to 11 percent, down from 11.3 percent last month, but up from a year ago, when it was 10.2 percent. The reason: Not job growth, but a smaller labor force.
The jobless rate remained steady nationwide at 9.5 percent and inched up to 12.4 percent in California.
"Californians are continuing to suffer from slow job growth, and things will only improve when there is strong hiring in the private sector," Gov. Arnold Schwarzenegger said.
Most private-sector industries in Santa Cruz County have a long way to go to recover jobs lost since last August.
Real estate, rental and leasing are down from 1,400 jobs a year ago to 1,200.
Membership at the Santa Cruz Association of Realtors is 1,227, down from 1,283 a year ago, according to executive director Kathy Hartman.
"They're working harder for not as much," observed publisher Liese Varenkamp, whose publications report weekly on local property transactions and distressed properties, which comprise about nearly half of the sales.
(Excerpt) Read more at santacruzsentinel.com ...
Reverse Dust-Bowl. Load up the jalopy.
I guess that’s one way to drive down the unemployment rate. De-populate.
The Illegals and the Bums are still here. And even being subsidized to live here.
Seriously. Santa Cruz County continues to buy land to build subsidized housing, while busily enacting job killing rules that have driven out one business after another.
Santa Cruz is another utopian gulag.
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