The Humboldt County Economy in 2009 By Erick Eschker HSU Department of Economics www.humboldt.edu/~indexhum Presented to Humboldt Unitarian Universalist.

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Presentation transcript:

The Humboldt County Economy in 2009 By Erick Eschker HSU Department of Economics Presented to Humboldt Unitarian Universalist Fellowship August 30, 2009

Unemployment Humboldt County –Slight decline in July –Almost double from two years ago –Biggest annual losses in Fed. Gov., manufacturing, services –Biggest annual gain in education, farming State of California –Highest since started tracking in 1976, likely highest since Depression National Level –Slight decrease –Expected to rise to double digits over next year

Things to watch State spending/budget Commercial real estate Financial sector/bank failures