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Business Journal: Sac Region Among Nation's Leaders in Job Losses



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(Sacramento, CA)
Thursday, July 29, 2010
The four-county region’s 13 percent drop in private-sector positions — everything from construction workers to loan officers — make it the 96th-worst among the 100 cities surveyed.  But Sacramento, which is largely a government town, has plenty of company, with 84 of 100 cities posting a decline since June 2005. Los Angeles had the largest drop at 376,000 jobs, followed by Detroit at 329,000, while Chicago finished a distant third at 253,000.
 
Now, Texas boasts the best cities for job growth, with Houston topping the national list at 130,000 — which is basically the same number of people looking for work in the Sacramento region.  Dallas, Austin and San Antonio finished in second through fourth place, while Raleigh, N.C. rounded out the top five as one of the best cities for job growth.
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