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Report: Sacramento Unemployment At Two-Year Low

  

New data show unemployment in the Sacramento region has dropped to levels not seen in years.

The data is for August. All seven Sacramento area counties posted two-year lows in unemployment rates.

Todd Johnson is an economist with the U.S. Bureau of Labor Statistics, which released the data. "For Sacramento County," says Johnson, "the employment in the last few months has, for the first time, exceeded the employment levels than if it were in 2007; essentially bounced back from the depths of the great recession."

Sacramento County's unemployment rate in August was 5.9 percent; an annual drop of 1.5 percent and a 3.0 percent drop from two-years ago.

The data show Placer County had the region's lowest unemployment rate in August of 4.9 percent.

"And that's pertinent," says Johnson, "in that Placer was the only county with an unemployment rate below the national average which is currently 5.1."

The region's highest unemployment rate, of 8.7 percent, was in Sutter County, followed by Yuba County which had an 8.3 percent jobless rate.

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Steve Milne

Morning Edition Anchor & Reporter

Steve is the voice of Capital Public Radio News as anchor of Morning Edition and Insight. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music. Steve also produced stories for CapRadio.org.   Read Full Bio