The unemployment rate in the Sacramento-Arden Arcade-Roseville MSA was 10.7 percent in July 2012, down from a revised 10.8 percent in June 2012, and below the year-ago estimate of 12.3 percent.
This compares with an unadjusted unemployment rate of 10.9 percent for California and 8.6 percent for the nation during the same period. The unemployment rate was 10.1 percent in El Dorado County, 9.6 percent in Placer County, 11.1 percent in Sacramento County, and 10.5 percent in Yolo County.
Between June 2012 and July 2012, total wage and salary employment located in the counties of El Dorado, Placer, Sacramento, and Yolo decreased by 3,800 to total 823,400 jobs.
• Government declined by 6,400 jobs, below its average 8,000-job loss from June to July over the last 22 years. Local government (down 4,700 jobs) and state government (down 1,900 jobs) offset a gain in federal government (up 200 jobs) to account for the decrease.
• Education and health services lost 1,200 jobs. Education services (down 700 jobs) and health care and social assistance (down 500 jobs) accounted for the loss.
• On the upside, construction gained 1,900 jobs. Specialty trade contractors
(up 1,500 jobs) accounted for the majority of the increase.
• Professional and business services boosted payrolls by 1,700 jobs. Administrative and support and waste management and remediation services (up 1,600 jobs) and professional, scientific, and technical services (up 100 jobs) accounted for the increase.
Between July 2011 and July 2012, the total number of jobs located in the region increased by 21,800 or 2.72 percent.
• Government expanded by 10,400 jobs. Local government (up 10,500 jobs) and state government (up 300 jobs) offset a decline in federal government (down 400 jobs) to account for the increase.
• Professional and business services added 4,100 jobs. Administrative and support and waste management and remediation services (up 3,500 jobs) and professional, scientific, and technical services (up 600 jobs) accounted for the expansion.
• Construction (up 3,500 jobs), education and health services (up 2,900 jobs), and trade, transportation, and utilities (up 2,100 jobs) each experienced sizable gains.
• On the downside, manufacturing contracted by 1,700 jobs. Durable goods (down 1,200 jobs) and non-durable goods (down 500 jobs) accounted for the decrease.
Diane Patterson is a labor market analyst with the California Employment Development Department.