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Unemployment data – June, 2009

Yu Lam (Eddie Lam) — Sat, 15 Aug 2009 22:33:55 +0000

Unemployment data for the 9 counties in the Bay Area

County	Unemployment rate (June 2009 )	Unemployment rate (2002 Annual Average)
Alameda	11.40%	6.70%
Contra Costa	10.70%	5.70%
Marin	8.00%	4.90%
Napa	8.80%	4.60%
San Francisco	9.80%	6.90%
San Mateo	8.90%	5.70%
Santa Clara	11.80%	8.40%
Solano	11.30%	5.80%
Sonoma	10.20%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 11.6%.

The above data is not seasonally adjusted.

* To check out the latest bank owned / REO listings in the Bay Area, go to
www.Peninsula-REO.com

Unemployment data – Mar, 2009

Yu Lam (Eddie Lam) — Mon, 04 May 2009 19:59:38 +0000

Unemployment data for the 9 counties in the Bay Area

County	Unemployment rate (Mar 2009 )	Unemployment rate (2002 Annual Average)
Alameda	10.50%	6.70%
Contra Costa	9.80%	5.70%
Marin	7.40%	4.90%
Napa	9.00%	4.60%
San Francisco	8.30%	6.90%
San Mateo	9.00%	5.70%
Santa Clara	10.80%	8.40%
Solano	10.90%	5.80%
Sonoma	9.80%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 11.5%.

The above data is not seasonally adjusted.

Unemployment rate in March, 2009 is higher than Feb, 2009.

* To check out the latest bank owned / REO listings in the Bay Area, go to
www.Peninsula-REO.com

Unemployment data – Feb, 2009

Yu Lam (Eddie Lam) — Wed, 25 Mar 2009 02:59:58 +0000

County	Unemployment rate (Feb 2009 )	Unemployment rate (2002 Annual Average)
Alameda	9.70%	6.70%
Contra Costa	9.30%	5.70%
Marin	6.80%	4.90%
Napa	8.50%	4.60%
San Francisco	8.30%	6.90%
San Mateo	7.60%	5.70%
Santa Clara	9.90%	8.40%
Solano	10.40%	5.80%
Sonoma	9.10%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 10.9%.

The above data is not seasonally adjusted.

There is no doubt that the job market is worst than the dot.com bust era.

* To check out the latest bank owned / REO listings in the Bay Area, go to
www.Peninsula-REO.com

Unemployment data – Nov, 2008

Yu Lam (Eddie Lam) — Thu, 25 Dec 2008 09:46:16 +0000

County	Unemployment rate (Nov 2008 )	Unemployment rate (2002 Annual Average)
Alameda	7.30%	6.70%
Contra Costa	7.10%	5.70%
Marin	5.00%	4.90%
Napa	6.50%	4.60%
San Francisco	6.10%	6.90%
San Mateo	5.50%	5.70%
Santa Clara	7.10%	8.40%
Solano	7.90%	5.80%
Sonoma	6.50%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 8.3%.

Unemployment data – Oct, 2008

Yu Lam (Eddie Lam) — Mon, 15 Dec 2008 00:02:43 +0000

County	Unemployment rate (Oct 2008 )	Unemployment rate (2002 Annual Average)
Alameda	7.10%	6.70%
Contra Costa	7.00%	5.70%
Marin	4.90%	4.90%
Napa	5.40%	4.60%
San Francisco	6.00%	6.90%
San Mateo	5.40%	5.70%
Santa Clara	6.90%	8.40%
Solano	7.70%	5.80%
Sonoma	6.20%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 8.0%.

Unemployment data – 09/28/2008

Yu Lam (Eddie Lam) — Mon, 29 Sep 2008 04:16:56 +0000

County	Unemployment rate (Aug 2008)	Unemployment rate (2002 Annual Average)
Alameda	6.90%	6.70%
Contra Costa	6.70%	5.70%
Marin	4.90%	4.90%
Napa	5.30%	4.60%
San Francisco	5.90%	6.90%
San Mateo	5.20%	5.70%
Santa Clara	6.50%	8.40%
Solano	7.40%	5.80%
Sonoma	6.10%	5.10%

Data source: California Employment Development Department

The statewide unemployment rate is 7.6%. Comparing the data in Santa Clara, San Mateo and San Francisco between now and 2002, the current condition is better than the dot.com crash. I believe one of the reason is that tech firms are thriving; social netowrking companies are doing good, green energy and bio-tech are still creating job opportunity in the Bay Area.