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Local Retail Hiring Sluggish, Big Loss In Govt Jobs

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(Sacramento, CA)
Friday, January 21, 2011
Most of those month-over-month losses were in government.
"Primarily state government; down 1,100 jobs…but also a loss in local, of 400, and a loss of federal, of 100. 
Alex Alvarado is with the state Employment Development Department. He says the retail sector…which usually sees big gains in December, because of the holidays, didn't come close. 
"The average gain was 2,000 jobs for December. And this December we only gained 500 jobs."
The region's unemployment rate was 12.5% in December…down just a tenth-of-a-point from the previous month.
Economist Sanjay Varshney says we can expect the local jobless rate to stay in double-digits in 2011.
"Our region is more challenged because of our exposure to the state government which has had major challenges with the deficit issues."
Varshney heads Sacramento State's College of Business Administration which has just released its annual Sacramento Business Review.
The report says local unemployment will hover between 11.5% and 13.5% this year.
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