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MA -45 Non -Housing Community Development Assets — 91.215 (f) <br />Introduction <br />The current unemployment rate for Redwood City is 2.9% as of April 2015, much lower than the San Mateo County rate and State of California's <br />rate. The unemployment rate in Redwood City has ranged from 2.9% in April 2015 to 9.2% in January 2010. <br />Economic Development Market Analysis <br />Business Activity <br />Business by Sector <br />Number of Number of Jobs <br />Share of Workers <br />Share of Jobs <br />Jobs less workers <br />Workers <br />% <br />% <br />% <br />Agriculture, Mining, Oil & Gas Extraction <br />356 <br />21 <br />1 <br />0 <br />-1 <br />Arts, Entertainment, Accommodations <br />3,341 <br />3,278 <br />12 <br />8 <br />-4 <br />Construction <br />1,348 <br />2,675 <br />5 <br />7 <br />2 <br />Education and Health Care Services <br />4,772 <br />6,768 <br />16 <br />17 <br />1 <br />Finance, Insurance, and Real Estate <br />2,157 <br />1,621 <br />7 <br />4 <br />-3 <br />Information <br />1,628 <br />7,716 <br />6 <br />19 <br />13 <br />Manufacturing <br />2,876 <br />1,731 <br />10 <br />4 <br />-6 <br />Other Services <br />1,755 <br />1,929 <br />6 <br />5 <br />-1 <br />Professional, Scientific, Management Services <br />5,132 <br />9,009 <br />18 <br />22 <br />4 <br />Public Administration <br />0 <br />0 <br />0 <br />0 <br />0 <br />Retail Trade <br />3,313 <br />4,199 <br />11 <br />10 <br />-1 <br />Transportation and Warehousing <br />898 <br />255 <br />3 <br />1 <br />-2 <br />Wholesale Trade <br />1,366 <br />1,642 <br />5 <br />4 <br />-1 <br />Total <br />28,942 <br />40,844 <br />-- <br />-- <br />-- <br />Table 40 - Business Activity <br />Data Source: 2007-2011 ACS (Workers), 2011 Longitudinal Employer <br />-Household Dynamics (Jobs) <br />Consolidated Plan REDWOOD CITY 88 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />