News

Report: 22,000 jobs lost in county since 2007

 

By Bay City News Service

Nearly 22,000 jobs have been lost in San Mateo County since 2007, according to a report to be released Wednesday.

"Indicators for a Sustainable San Mateo County" is an annual report published by the nonprofit Sustainable San Mateo County, which monitors economic indicators and trends to provide information to government agencies and busineses.

The 2011 report focuses on the region's job market and noted that San Mateo County firms have shed nearly 22,000 jobs in the past four years, especially in manufacturing and professional services.

Education and health services jobs were the only two sectors reporting moderate job gains during the same period.

The nonprofit, which also tracks environmental and educational indicators, states in its report that total greenhouse gas emissions in the county decreased for the second consecutive year last year, falling nearly 12 percent since 2003.

Millbrae Mayor Dan Quigg, Silicon Valley Leadership Group board member Rafael Reyes, and Redwood City councilwoman Roseanne Foust are expected to attend a reception to debut this year's report. The reception will be hosted Wednesday at 11:30 a.m. at the Millbrae Library.

Comments

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Posted by Hank Lawrence
a resident of Menlo Park: Sharon Heights
on Apr 26, 2011 at 12:33 pm

I wonder how many County Public employees lost thier jobs during the same time period. Chances are that the publid employee sector grew quite generously. Remember the public secot depends on the private sector for its support. When the pulic sector is greater than the private sector then the house of cards falls down.


Like this comment
Posted by Alfred E Newman
a resident of Atherton: other
on Apr 26, 2011 at 1:11 pm

Hank:

Good to see you posting again; thanks for the link to Susan's poll article in your thread on budgets. Look forward to seeing you back there!

re: your wonderment above - answer: probably the same ratio as in previous recessions, such as the Reagan and Bush 1 recessions in the 80's, or earlier this decade.

Most economists will agree, the worst thing to do in a recession is to cause more job losses. In a broad sense, we need to get the economy moving again, and the best way is to retain as many middle class jobs as possible, all contributing their taxes to get revenues back up to previous levels.

Come on back to your thread; jump in, the water's fine!


Like this comment
Posted by Peter Carpenter
a resident of Atherton: Lindenwood
on Apr 26, 2011 at 1:54 pm

Layoffs and discharges as a percentage of the labor force in 2009 for private sector was 24.1% and for the public sector was 7.2%.


www.unionfacts.com/downloads/Public_Sector_UnionsBrief.pdf


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