Increase in employment opportunities in Sacramento
As the economy slowly improves from the recession, employment opportunities are increasing across the nation. California added the most jobs in the nation between June 2011 and June 2012, the Sacramento Business Journal reports. Despite that, the Golden State is still 866,000 jobs below where it was in mid-2007. However, the state is seeing a growth in new employment development, adding more than 279,000 jobs from June 2011 to June 2012.
Recent statistics from the U.S. Department of Labor for the Sacramento, Arden, Arcade, and Roseville areas indicate a strengthening job market. In June 2012, there were 1,042,500 employed civilian workers in the region. This is up from the 1,032,900 workers recorded in May 2012. The total number of nonfarm jobs recorded in June 2012 in the region was 818,200.
This improvement in local workforce may result in an increase in the number of homes for sale in Sacramento being purchased. As the number of professionals improve, more people will seek out regional properties to call home.