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Jobs Data: Monthly Losses, Annual Gains

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(Sacramento, CA)
Friday, March 22, 2013

The data show the Sacramento area added 11,800 jobs between January 2012 and this past January.

"The 11,800 job gain is the largest year-over gain since 2006."

Heather Chamizo is with the state Employment Development Department which released the numbers.
In January, the unemployment rate for the four-county Sacramento area was 10.3%, an increase of a half percent from December. Most of the job losses were in retail which shrunk by 3,900 jobs. Chamizo says that's not a surprise since retailers don't need as many workers after the holidays.
"Retail trade was the biggest loser for the month but they were also the biggest gainer for the year-over. So it actually shows that even though we have some seasonality, we have had some growth overall."
Year-over-year, retail gained 3,300 jobs.
Other sectors that added jobs in the past year include: trade, transportation and utilities; professional and business services; and health care.
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