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The Center for Strategic Economic Research (CSER) has released the Q1 2013 Quarterly Economic Report--supplied to you through SACTO's member benefits. The Quarterly Economic Report provides an overview of the health and performance of the Sacramento Region's economy along with an update to the Sacramento Region Business Confidence Index, a collaborative project with the Sacramento Business Journal to measure business sentiment. Previous editions of this report are available on the CSER website (strategiceconomicresearch.org). FIRST QUARTER REPORT - April 2013 Click to view Positive job growth in the Sacramento Region moved up again in the first quarter of 2013 The six-county
Each year, the Labor Market Information Division of the California Employment Development Department (EDD) revises its monthly data series covering payroll employment and labor force to reflect information in official tax records. The recent annual benchmark process resulted in notable changes to job growth patterns for the six-county Sacramento Region. Most striking, EDD’s revised data shows that the Region shifted back to positive job growth 10 months earlier than the previous data were showing—this movement happened in July 2011 instead of April 2012. In addition, throughout most of 2012, annual job growth rates were significantly higher than the rates reflected in the previous data wit
The Center for Strategic Economic Research (CSER) has released the Q4 2012 Quarterly Economic Report--supplied to you through SACTO's member benefits. The Quarterly Economic Report provides an overview of the health and performance of the Sacramento Region's economy along with an update to the Sacramento Region Business Confidence Index, a collaborative project with the Sacramento Business Journal to measure business sentiment. Previous editions of this report are available on the CSER website (strategiceconomicresearch.org). FOURTH QUARTER REPORT - JANUARY 2013 Click to view The Sacramento Region posted positive annual job growth for nine of the past twelve months The six
The six-county Sacramento Region experienced another decline in annual job growth in November 2012. Preliminary data show that the number of jobs on payrolls in the Region increased by 0.5 percent in the past 12 months, which equates to a gain of 4,300 jobs. This rate of growth is notably lower than what the Region posted just four months ago when annual job growth was at 2.5 percent. While this job growth dip was not unexpected according to CSER’s Sacramento Region Business Forecast, the rate of growth is slightly lower than anticipated. For the past six months, the Yuba-Sutter area has seen consistent annual job declines, while the core four-county Sacramento metropolitan area only start
Sacramento's job growth dipped again, but remained in positive territory above the national average. Annual job growth in the six-county Sacramento Region dropped slightly in October 2012. According to preliminary data, the region posted 1.7 percent job growth for the 12-month period ending October 2012, adding 13,900 jobs to payrolls. This rate of growth was between the statewide and national averages and well above the negative job growth seen at the same point in the previous year. Sacramento’s October job growth marked the seventh straight month in positive territory following 53 months of annual losses. Three of the region’s five largest sectors posted positive job growth includin
Conversation about: CSER Economy Watch June 2012
In response to your unemployment question, a little more than one-third of those officially counted as unemployed in California have been unemployed for 52 weeks or more (according to CA Employment Development Department and US Bureau of Labor Statistics data). This type of data is not available on a regular basis at the regional level.