Wednesday, June 26, 2019

Unemployment in San Jose Metro hits record low

According to the California Employment Development Department, unemployment in Santa Clara County has dropped to 2.1%. This is the lowest number on record, and that includes the .COM days in 1998-2000.

The six counties with the lowest unemployment in California are all here. San Mateo managed a jaw-dropping 1.7%, San Francisco was at 1.9%, Marin was at 1.9% Sonoma came in at 2.3%, and Napa rounds out the top 6 at 2.3%. This compares to a statewide unemployment rate of 3.5%.

This means that now is probably a great time to ask for a raise or evaluate all of your opportunities. It has become a strong employee's market with more available jobs than qualified applicants.

Source: SVBJ

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