Business & Tech
Mountain View's Unemployment Continues Downward Trend
The county's February figure now the lowest for that month in the past three years.
Unemployment rates in the state and in the Bay Area continued to drop in February, according to employment data released Friday.
In Mountain View, as in Santa Clara County, the rate has decreased once again, according to the state Employment Development Department (EED).
Mountain View's rate fell 0.5 percent from 5.9 percent in January to 5.4 percent in February 2013. The higher January figure likely accounted for the large number of seasonal workers let go after the busy holiday season. From January to February, 200 people entered the workforce dropping the unemployment figure from 2,600 to 2,400 unemployed, according to the EED.
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In one year, from February 2012 to February 2013, Mountain View's unemployment rate fell 1.2 percent from 6.6 percent to 5.4 percent.
In the South Bay, the unemployment also continued to trend downward. Santa Clara County's unemployment rate came in at 7.4 percent.
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Statewide the unemployment rate dropped to 9.6 percent in February, well below a year ago when it stood at 10.8 percent. In the Bay Area, the jobless rate also decreased in many counties, including San Francisco, which saw a drop from 6.8 percent in January to 6.3 percent in February. Marin County had the lowest unemployment rate in the state, dropping to 5.4 percent last month. Nationally, the unemployment rate dropped to 7.7 percent in February.
Here's a Santa Clara County city-by-city comparison:
Area Name
Labor Force Employment Unemployed Rate Santa Clara County924,300 856,000 68,300 7.4% Campbell city 23,700 22,200 1,500 6.3% Cupertino city 25,700 24,500 1,200 4.8% East Foothills CDP 4,500 4,100 400 9.2% Gilroy city 22,000 19,600 2,500 11.2% Los Altos city 13,500 13,000 500 3.7% Los Gatos town 16,300 15,500 800 4.8% Milpitas city 33,500 30,900 2,600 7.6% Morgan Hill city 18,400 16,700 1,800 9.6% Mountain View city 44,400 42,000 2,400 5.4% Palo Alto city 33,300 32,000 1,300 3.9% San Jose city 484,200 444,300 39,900 8.2% San Martin CDP 2,300 1,900 400 17.6% Santa Clara city 59,600 55,600 4,000 6.8% Saratoga city 14,200 13,600 500 3.7% Sunnyvale city 79,300 74,300 5,000 6.3%
The unemployment rate is derived from a federal survey of 5,500 California households.
Bay City News contributed to this report.
How is the job market in the Silicon Valley? Were you looking for work in February? Did you find a job? Tell us in the comment section below.
More on Mountain View Patch:
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