Monthly Employment Reports New: Online Interactive Report With History Latest update: May, 2008 California has a very large economy, with many highly diverse regional economies. Unfortunately, the regional data are not seasonally adjusted by state agencies. In the absence of seasonal adjustment, analysts typically compare job levels and growth rates with those of the previous year to abstract from seasonal influences. This practice provides a relevant perspective on how regional economic growth has developed over the past year, but it says little or nothing about how regional growth has progressed in recent months. To address these deficiencies in the local data, Beacon Economics publishes seasonally adjusted versions of the publicly available employment data for a number of major metropolitan economies within California. On the third Friday of each month, when the unadjusted regional data are released by the Employment Development Department (EDD), our economists compile seasonally adjusted versions of the major components of payroll employment, aggregate employment, and unemployment rates. We publish a summary table of our seasonally adjusted employment data for each of the covered metropolitan regions, along with summary charts. Seasonally Adjusted Regional Employment Statistics for California: April, 2008 March, 2008 February, 2008 January, 2008 December, 2007 November, 2007 October, 2007 September, 2007 August, 2007 July, 2007 June, 2007 April, 2007 March, 2007 February, 2007 January, 2007 For more information on these reports, please contact Beacon Economics. To speak with one of our economists regarding the implications of the current statistics for a particular region, contact: For Southern California, the Central Coast or the Southern Central Valley Regions Christopher Thornberg 310-739-3286 310-472-3274 Chris@BeaconEcon.com For the Bay Area and Northern Central Valley Regions Jon Haveman 415-457-6006 415-336-5705 Jon@BeaconEcon.com

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