Placer County’s 128% job growth over the last 15 years is the highest in the state according to a report (pdf) by the California Budget Project.
Other area counties have also enjoyed strong job growth. Over the same 15 year period, Sacramento County grew by almost 28%. Surrounding counties typically thought of as commuter residential areas grew even more. El Dorado County experienced 71% job growth, while Yolo County jobs grew by 53%.
In comparison, jobs in the San Francisco and Peninsula areas were flat with San Mateo County’s 10% growth and Santa Clara’s 5% increase negated by San Francisco’s 9% decline. East Bay counties Alameda and Contra Costa fared better with 16% and 21% growth, respectively.
The report found a general trend of jobs moving inland. Fifteen years ago only 1 in 5 California jobs were in non-coastal counties. Today inland counties have half of all jobs.
This continues the good news for the local job market. In July 2006 the American Electronics Association found that technology jobs increased by 1% in the Sacramento area compared to a statewide decline of 1%.
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Where is that growth coming from?
I would be curious to know what percentage of that job growth is a direct result of home-building and real-estate. I wouldn't be surprised if that growth slows substantially due to the current stagnant real estate market.
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