The unemployment rate in the Sacramento-Arden Arcade-Roseville MSA was 10.8 percent in June 2012, up from a revised 10.4 percent in May 2012, and below the year-ago estimate of 12.2 percent. This compares with an unadjusted unemployment rate of 10.7 percent for California and 8.4 percent for the nation during the same period.
The unemployment rate was 10.5 percent in El Dorado County, 10.0 percent in Placer County, 11.1 percent in Sacramento County, and 10.8 percent in Yolo County.
Between May 2012 and June 2012, total wage and salary employment located in the counties of El Dorado, Placer, Sacramento and Yolo increased by 9,400 to total 827,400 jobs.
• Construction increased by 4,800 jobs, above its average 1,500-job gain from May to June over the last 22 years. Specialty trade contractors (up 2,700 jobs) and construction of buildings (up 1,100 jobs) accounted for a majority of the increase.
• Leisure and hospitality added 2,500 jobs. Accommodation and food services (up 1,900 jobs) and arts, entertainment, and recreation (up 600 jobs) accounted for the increase.
• Trade, transportation, and utilities expanded by 1,800 jobs. Retail trade (up 1,300 jobs) accounted for most of the job gain.
• On the downside, education and health services decreased by 1,600 jobs. Education services and health care and social assistance each lost 800 jobs.
Between June 2011 and June 2012, the total number of jobs located in the region increased by 11,000 or 1.35 percent.
• Education and health services added 4,000 jobs. Health care and social assistance (up 3,600 jobs) accounted for the majority of the increase.
• Trade, transportation, and utilities increased by 2,600 jobs. Retail trade (up 3,000 jobs) and wholesale trade (up 100 jobs) offset a loss in transportation, warehousing, and utilities (down 500 jobs) to account for the increase.
• Professional and business services boosted payrolls by 2,000 jobs. Administrative and support and waste management and remediation services (up 2,100 jobs) offset a loss in professional, scientific, and technical services (down 100 jobs).
Management of companies and enterprises remained unchanged.
• Construction also expanded by 2,000 jobs. Construction of buildings (up 1,900 jobs) and specialty trade contractors (up 800 jobs) offset a 700-job loss in the remainder of the sector.
• On the downside, manufacturing and government each lost 700 jobs.