Tag Archives: California

Sacramento Job Growth Outpacing State

Jerry Brown's official picture as Attorney General and as Governor
Jerry Brown’s official picture as Attorney General and as Governor

Data shows that the Sacramento region is showing great strides towards recovery, with a gain of almost 23,000 jobs in December compared to the previous year. That number represents a 2.5 percent increase in jobs. California as a whole gained 265,000 jobs during the same period, an increase of only 1.5 percent.

The unemployment rate in the Sacramento region has also been in decline. It fell from 6.3 percent in December 2014 to 5.5 percent this past December. The unemployment rate for California shrank from 6.8 percent to 5.8 percent during the past year.

California and the Sacramento area are far from immune to job declines, especially with global markets recent volatility. The worry about another increase in the unemployment rate was alluded to by California Governor Jerry Brown while speaking to legislators, warning them to be cautious when considering spending surplus state revenue during his State of the State speech last Thursday.

The government sector shrunk by 3300 jobs during December in the Sacramento region, and the construction sector lost 400 jobs. Retail trade increased by 800 jobs, while the leisure and hospitality industry added 1600 jobs.