Wednesday, July 30, 2014

Employment drops in June

From page A11 | August 28, 2013 |

The unemployment rate in the Sacramento-Arden Arcade-Roseville MSA was 8.9 percent in July 2013, up from a revised 8.4 percent in June 2013, and below the year-ago estimate of 10.9 percent.

This compares with an unadjusted unemployment rate of 9.3 percent for California and 7.7 percent for the nation during the same period.

The unemployment rate was 8.4 percent in El Dorado County, 7.8 percent in Placer County, 9.2 percent in Sacramento County, and 8.7 percent in Yolo County.

Between June 2013 and July 2013, total wage and salary employment located in the counties of El Dorado, Placer, Sacramento and Yolo decreased by 13,500 to total 837,300 jobs.

• Government cutback 13,000 jobs, predominately in local government (down 10,900 jobs), a normal seasonal change.
• Educational and health services lost 1,000 jobs over the month. Educational services led the decline (down 700 jobs).
• Construction (down 500 jobs) and other services (down 500 jobs) each contributed to the month-over reduction.
• Manufacturing added 900 jobs. Food manufacturing (up 500 jobs) and computer and electronic product manufacturing (up 400 jobs) lead the expansion.
• Between July 2012 and July 2013, total jobs in the region increased by 5,000, or 0.6 percent.
• Trade, transportation, and utilities dominated the year-over growth with an increase of 5,100 jobs. Retail trade was the largest contributing factor, with a gain of 3,600 jobs.
• Leisure and hospitality picked up 3,600 jobs. The majority of the gains were in accommodation and food services (up 3,200 jobs).
• Educational and health services added 3,100 jobs over the year. The increase was split between health care and social assistance (up 1,600 jobs) and education services (up 1,500 jobs).
• Construction lost 4,100 jobs. Residual construction (down 2,600 jobs), specialty trade contractors (down 800 jobs), and construction of buildings (down 700 jobs) all contributed to the decline.



Diane Patterson



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