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5.10 SOCIOECONOMICS <br /> TABLE 5.10-4 <br /> Employment Distribution in Stockton MSA,2002 to 2007 <br /> 2002 2007 2002-2007 <br /> Employment Employment Average Annual <br /> Number of Share Number of Share Percentage Compound <br /> Industry Employees (%) Employees (%) Change(%) Growth Rate(%) <br /> Information 3,100 1.5 2,500 1.1 -19.4 -3.5 <br /> Financial Activities 9,400 4.5 9,900 4.4 5.3 0.9 <br /> Services 62,200 29.6 71,200 31.4 14.5 2.3 <br /> Government 40,100 19.1 40,400 17.8 0.7 0.1 <br /> Total Employment 210,000 100.0 226,600 100.0 7.9 1.3 <br /> Source: CEDD, 2008a <br /> Table 5.10-5 provides detail on the characteristics of the County labor force. It shows 2007 <br /> employment data for San Joaquin County and the City of Lodi compared to California. <br /> While the City of Lodi's unemployment rate is slightly less than that of the state average, <br /> San Joaquin County's unemployment rate is higher than the state average. CEDD does not <br /> project future unemployment rates. <br /> TABLE 5.10-5 <br /> Employment Data,2007 <br /> Unemployment <br /> Area Labor Force Employment Unemployment Rate(%) <br /> City of Lodi 32,000 30,000 2,000 6.1 <br /> San Joaquin County 295,000 270,800 24,200 8.2 <br /> California 18,188,100 17,208,900 979,200 5.4 <br /> Source: CEDD, 2008b. <br /> 5.10.2.4 Fiscal Resources <br /> Local agencies with taxing power include San Joaquin County and the City of Lodi. San <br /> Joaquin County's expenditures and revenues are presented in Table 5.10-6. The County's <br /> revenues increased by 2.2 percent from fiscal year (FY) 2006-07 to FY 2007-08 and are <br /> expected to decrease by about eight percent during the current fiscal year (FY 2008-09). <br /> About a quarter of the total revenues are from taxes. Of these, property taxes comprise the <br /> majority (over 80 percent). <br /> 5.10-8 SAG371322I082330013(LEC_5.10_SOCIOECONOMICS.DOC) <br />