Monday, July 28, 2014
PLACERVILLE, CALIFORNIA
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Upbeat employment stats issued

By
From page B1 | April 26, 2013 |

The unemployment rate in the Sacramento-Arden Arcade-Roseville MSA was 9.2 percent in March 2013, down from a revised 9.5 percent in February 2013, and below the year-ago estimate of 11.1 percent.

This compares with an unadjusted unemployment rate of 9.4 percent for California and 7.6 percent for the nation during the same period.

The unemployment rate was 9.5 percent in El Dorado County, 8.0 percent in Placer County, 9.2 percent in Sacramento County, and 11.1 percent in Yolo County.

Between February 2013 and March 2013, total wage and salary employment located in the counties of El Dorado, Placer, Sacramento and Yolo increased by 5,000 to total 835,000 jobs.

• Government gained 2,100 jobs over the month. The growth in local government (up 1,300 jobs) and state government (up 900 jobs) overshadowed the small loss reported in federal government (down 100 jobs).

• Leisure and hospitality picked up 1,000 jobs. The expansion was concentrated in accommodation and food services (up 700 jobs), but arts, entertainment and recreation contributed 300 jobs.

• Professional and business services added 900 jobs over the month. The gains in professional, scientific, and technical services (up 1,100 jobs) and management of companies and enterprises (up 100 jobs) more than offset the reduction in administrative and support and waste services (down 300 jobs).

• The three industries experiencing minor losses included other services (down 200 jobs), construction (down 100 jobs) and financial activities (down 100 jobs).

Between March 2012 and March 2013, total jobs located in the region increased by 13,800, or 1.7 percent.

• Professional and business services led the expansion with a 7,000-job gain over the year. Additions were scattered among administrative and support and waste services (up 4,100 jobs), professional, scientific and technical services (up 2,700 jobs), and management of companies and enterprises (up 200 jobs).

• Trade, transportation, and utilities picked up 5,400 jobs. Retail trade (up 3,100 jobs), transportation, warehousing, and utilities (up 1,700 jobs), and wholesale trade (up 600 jobs) all contributed to the improvement.

• Education and health services and manufacturing each gained 1,800 jobs over the year.

• Government declined by 1,700 jobs. The cutbacks in local government (down 2,200 jobs) and federal government (down 100 jobs) more than offset the expansion in state government (up 600 jobs).

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Diane Patterson

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