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Economic Forecasts & Updates
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July 2010 Quarterly Update
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East Bay Employment
EAST BAY PAYROLL EMPLOYMENT
MONTHLY COMPARISON
According to the California Employment Development Department’s Labor Market report, between May 2010 and June 2010, the total number of jobs in the East Bay decreased 1,500 jobs to reach 944,900.
• Government decreased 1,700 jobs, led the month-over job losses. Federal government lost 1,200 jobs, while state public schools lost 1,000 jobs. Local government rose by 500 jobs.
• Educational and health services decreased by 1,500 jobs. Private schools accounted for most of the decline with a decrease of 1,100 jobs.
• Professional and business services, manufacturing, and construction each increased by 300 jobs, well below their usual seasonal gains. Leisure and hospitality also increased 700 jobs seasonally.
ANNUAL COMPARISON
Between June 2009 and June 2010, the total number of jobs in the East Bay decreased by 29,100 or 3.0 percent.
•Construction decreased 5,900 jobs, marking its 38th consecutive month of job losses on a year-over basis. The majority of the decrease occurred in specialty trade contractors with a decrease of 3,700 jobs.
• Manufacturing lost 5,500 jobs, mostly in durable goods, while trade, transportation, and utilities lost 5,500 jobs as well.
• Government decreased 4,200 jobs, as state and local public schools saw 5,200 jobs lost. Federal government with an increase of 2,100 jobs offset some of the decline.
• Other major industries with decreases of at least 1,000 jobs each included professional and business services, financial activities, other services, and information.
| |
Jun-10 |
1 Month Change |
12 Month Change |
12 Month % Change |
24 Month Change |
24 Month % Change |
| Educational and Health Services |
128,800 |
-1,500 |
-800 |
-0.60% |
1,500 |
1.20% |
| Information |
24,000 |
0 |
-1,000 |
-4.00% |
-3,900 |
-14.00% |
| Other Services |
34,100 |
-100 |
-1,100 |
-3.10% |
-2,800 |
-7.60% |
| Trans, Warehousing & Utilities |
31,800 |
0 |
-1,200 |
-3.60% |
-3,500 |
-9.90% |
| Wholesale Trade |
42,800 |
-100 |
-1,200 |
-2.70% |
-5,100 |
-10.60% |
| Financial Activities |
51,000 |
100 |
-1,800 |
-3.40% |
-6,800 |
-11.80% |
| Leisure and Hospitality |
85,700 |
700 |
-900 |
-1.00% |
-6,000 |
-6.50% |
| Government |
175,400 |
-1,700 |
-4,200 |
-2.30% |
-5,500 |
-3.00% |
| Manufacturing |
76,500 |
300 |
-5,500 |
-6.70% |
-17,300 |
-18.40% |
| Retail Trade |
97,900 |
0 |
-3,100 |
-3.10% |
-11,700 |
-10.70% |
| Construction |
47,900 |
300 |
-5,900 |
-11.00% |
-18,100 |
-27.40% |
| Professional and Business Services |
145,800 |
300 |
-2,600 |
-1.80% |
-17,000 |
-10.40% |
| Total, All Industries |
944,900 |
-1,500 |
-29,100 |
-3.00% |
-95,900 |
-9.20% |
| INDUSTRY EMPLOYMENT DATA SOURCE: California Employment Development Department |
EAST BAY CONSTRUCTION EMPLOYMENT
All subsectors of the East Bay’s construction sector posted losses in the year-over-year comparison - adding up to a loss of 5,900 jobs between June 2009 and June 2010.
| |
Jun-10 |
1 Month Change |
12 Month Change |
12 Month % Change |
24 Month Change |
24 Month % Change |
| Nonresidential Building Construction |
4,400 |
0 |
-400 |
-8.30% |
-1,400 |
-24.10% |
| Building Foundation and Exterior Contractors |
7,100 |
100 |
-100 |
-1.40% |
-2,300 |
-24.50% |
| Building Equipment Contractors |
12,600 |
100 |
-1,200 |
-8.70% |
-2,400 |
-16.00% |
| Residential Building Construction |
6,100 |
100 |
-1,200 |
-16.40% |
-3,400 |
-35.80% |
| Specialty Trade Contractors - Residual |
11,800 |
-100 |
-2,400 |
-16.90% |
-6,800 |
-36.60% |
| Heavy and Civil Engineering Construction |
5,900 |
100 |
-600 |
-9.20% |
-1,900 |
-24.40% |
| Construction of Buildings |
10,500 |
100 |
-1,600 |
-13.20% |
-4,700 |
-30.90% |
| Specialty Trade Contractors |
31,500 |
100 |
-3,700 |
-10.50% |
-11,500 |
-26.70% |
| Construction |
47,900 |
300 |
-5,900 |
-11.00% |
-18,100 |
-27.40% |
EAST BAY MANUFACTURING PAYROLL EMPLOYMENT
The East Bay’s manufacturing sector showed an overall loss of 5,500 jobs between June 2009 and June 2010.
| |
Jun-10 |
1 Month Change |
12 Month Change |
12 Month % Change |
24 Month Change |
24 Month % Change |
| Petroleum and Coal Products Manufacturing |
8,100 |
100 |
0 |
0.00% |
100 |
1.30% |
| Transportation Equipment Manufacturing |
2,400 |
0 |
-4,500 |
-65.20% |
-5,300 |
-68.80% |
| Chemical Manufacturing |
6,200 |
100 |
-200 |
-3.10% |
-700 |
-10.10% |
| Nondurable Goods - Residual |
17,700 |
0 |
-600 |
-3.30% |
-2,400 |
-11.90% |
| Computer and Electronic Product Manufacturing |
16,200 |
100 |
-600 |
-3.60% |
-3,600 |
-18.20% |
| Durable Goods - Residual |
25,900 |
0 |
400 |
1.60% |
-5,400 |
-17.30% |
| Nondurable Goods |
32,000 |
200 |
-800 |
-2.40% |
-3,000 |
-8.60% |
| Durable Goods |
44,500 |
100 |
-4,700 |
-9.60% |
-14,300 |
-24.30% |
| Manufacturing |
76,500 |
300 |
-5,500 |
-6.70% |
-17,300 |
-18.40% |
NEXT SECTION: BAY AREA HOME SALES
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