Currently
48°
Showers

Advertisement





News

CLASSIFIEDS


Advertisement


Free Ad

Place an ad
in print and online, 24/7 for free, select the Clean Sweep option. Unable to submit Real Estate, Services, and Business Investements at this time.

Get a Subscription


Map the Valley


Subscriber/
Reader Services

Subscribe Now
Contact Customer Service



Kings County unemployment trends upward

Reflecting the end of the harvest season and a stagnant economy, Kings County's jobless rate spiked to 15.5 percent in October, up 1.6 percent from September, the state Employment Development Department reported Friday.

Anemic job growth was outmatched by the number of people looking for work. Most industries experienced a decline compared to September. Compared to a year ago, the only industries showing positive job growth were agriculture, education and health services.

State and local government -- generally the gold standard for employment stability in Kings County -- saw year-over-year losses. Lemoore Naval Air Station wasn't included in the numbers.

A total of 9,300 county residents were out of work, up 43 percent from a year ago. Unemployment remained extreme in the county's poorer enclaves, with Home Garden at 34.3 percent, Stratford at 33 percent, Avenal at 26.9 percent and Kettleman City at 26.3 percent.

Still, several San Joaquin Valley counties were worse off than Kings.

To explain this, analysts have cited the high percentage of high-paying government jobs in Kings and the fact that the county's central location has protected it somewhat from the housing collapse that hammered counties within commuting distance of San Francisco and Los Angeles.

The biggest spikes in San Joaquin Valley unemployment were in areas with the highest foreclosure rates, according to Jeff Michael, director of the Business Forecasting Center at the University of the Pacific.

Most of the unemployment surge is tied to the implosion of the housing market, the collapse of the construction industry and the loss of home equity wealth, Michael said.

The ripple effect hurt the retail and manufacturing sectors and froze credit, spreading its effect to the whole economy.

The crisis crippled the state's finances, generating huge budget deficits and forcing layoffs.

Farming didn't suffer as much. In Kings County, agriculture managed to add jobs year-over-year despite major water shortages on the Westside. The impact of those shortages was concentrated in Fresno County.

But the relative stability of agriculture wasn't enough to stem the slide, which has the county's jobless rate riding about 5 percent higher than the recent historical norm of close to 10 percent for this time of year.

Kings County's elevated jobless rate parallels what's happened to the nation's unemployment rate, Michael said. California's unemployment rate was 12.3 percent.

"[15.5 percent] is terrible, but it's terrible everywhere," Michael said.

Kings' unemployment rate was the 13th highest in the state. Neighboring counties were slightly worse off than Kings. Tulare County's unemployment rate was 15.9 percent; Fresno County's was 15.8. Imperial County, in Southern California, was the worst at 30 percent.

Some Valley counties could reach 20 percent unemployment before the worst is over, Michael said.

It will probably take another five years before Kings County sees October unemployment drop back to 10 percent, Michael said.

"It's going to be a long, slow recovery. We're going to have to be very patient," Michael said.

(Nov. 21, 2009)

POST A COMMENT

 

Hanfordsentinel.com encourages readers to engage in civil conversation with their neighbors. Comments that are submitted are not posted to the site immediately. They go into a queue to be moderated and may take several hours to be reviewed, particularly if they are posted after normal office hours.

We reserve the right to remove comments in total that violate our code of conduct. If you want to report a violation, please e-mail editor@HanfordSentinel.com

For more information please read our Terms of use, and Rules of the Road.

 


Please log in to post comments
*Member ID:
*Password:
  Forgot Your Password?
 
If you don't have an account you can create one for free by clicking the link below.
CREATE ACCOUNT
The following are comments from the readers. In no way do they represent the views of the Hanford Sentinel

luvbugzmom wrote on Nov 21, 2009 11:32 AM:

" You are 100% right, it is going to be a slow recovery, BUT there are jobs out there to be found if job seekers get out there and pound the pavement and actually look. Jobs don't just come walking to us, the people seeking jobs have to really get out there and sale themselves.
If you start here in Kings County, and if you have the means of traveling to Lemoore, VIsalia, Tulare or Fresno you can always sale yourself there and get a job there as well. It's a matter of going out, searching other areas for job and who knows maybe you will get a job, cus the more you look the better opportunity you have. "




Advertisement


HOT TOPICS

> More Hot Topics


MORE LOCAL NEWS

Lemoore:

    Selma:

    Kingsburg:



    PHOTO GALLERIES

    "More Photos

    Sentinel Photos (185) Albums

    Kings County Academic Decathlon
    Kings County Academic Decathlon
    Monday, February, 8 2010
    (8) Photos
    Taoist Temple Tour
    Taoist Temple Tour
    Monday, February, 8 2010
    (9) Photos
    Hanford West vs Golden West Boys Basketball
    Hanford West vs Golden West Boys Basketball
    Monday, February, 8 2010
    (10) Photos

    Reader Submitted (7) Albums

    Vintage Hanford
    Vintage Hanford
    Monday, December, 15 2008
    (1) Photos
    Vacation Photos
    Vacation Photos
    Thursday, November, 20 2008
    (39) Photos
    Events
    Events
    Thursday, November, 20 2008
    (38) Photos

    More



    EMAIL UPDATES

    Sign up today to get all your local headlines delivered to your home or work e-mail address, so you don't miss the latest in breaking and local news.
    E-Mail:
    Daily News Updates
    Breaking News Alerts