September employment data for Santa Barbara County was released last Friday from the California Employment Development Department (EDD). Employment data from the EDD for Santa Barbara County is not seasonally adjusted which makes these numbers hard to interpret. At the EFP, we seasonally adjust the EDD’s data using the same techniques as the U.S. Bureau of […]
By Llad Phillips, Research Director Introduction This blog examines the future prospects in the next few years for employment growth in California. The prospects are fair. Since the Great Recession, employment growth rates have recovered, but then leveled off. Currently in 2014, the year over year rate of growth in employment is averaging 1.7%. In […]
By Llad Phillips, Research Director I. Introduction Many economists prefer the employment to population ratio over the unemployment rate as a measure of the health of the labor market. The reason is simple: employment and population are familiar concepts and both are measured fairly accurately. In contrast, the unemployment rate, the ratio of those unemployed […]
Please save the date for our annual Midyear Economic Update, taking place on November 13th, 2014 in the Reagan Room at the Fess Parker. Reception: 4:00-5:00 p.m. Presentations: 5:00-6:30 p.m. Peter Rupert will present all of the latest economic trends and numbers, and we’ll hear from a special guest speaker. Hope to see you there! […]
By Llad Phillips, Research Director Introduction The United States Census Bureau is predicting a major change in the decades ahead. There is not only going to be more older folks, but relatively more older folks. This is a benefit of technological change and advances in medicine and health. This demographic change will shift political, economic, […]
10/23/14 •September EDD Update
10/20/14 •California Employment: Losing the Race with Population Growth and Income Growth
10/03/14 •The Stall in the Employment/Population Ratio
9/12/14 •The Rise of a Nation of Older Folks
10/01/14 •SAVE THE DATE – November 13th, 2014
3/19/14 •2014 North County Economic Summit Flyer
3/10/14 •2014 Santa Barbara County Economic Summit–OFFICIAL FLYER!
2/05/14 •Launching Our New Interactive Map!