Top header graphic with link to CSUS Home Page california state university, sacramento
Header Graphic
sac state homeuniversity affairspublic affairs
 
 Search Sacramento
 State website

  Sacramento State
  main news page


media resources graphic
   news releases
   news and events
     archive

   facts & stats
   experts guide
   image downloads
   news by e-mail
   contact news
     services staff

   submit news
     & events

   feedback

publications graphic
   Sac State Magazine
   Sacramento State
     Bulletin

   Newslink
   Sacramento State
     Catalog


calendars graphic
   events this month
   search events
   academic
   athletics
   commencement

additional news graphic
   Capital Public Radio
   alumni association
   crime alerts
   construction
   CSU Newsline

visitors resources graphic
   visitor relations
   commencement
   Sacramento State
     ticket office

   campus directory
   campus tours

Printer Friendly Version
Capital University News, California State University, Sacramento

October 24, 2003

Forecast: Region faces continued job losses through summer

Full report (pdf)

Job losses in the Sacramento Region are likely to continue through next summer as ongoing state budget troubles and manufacturing layoffs take their toll, according to the quarterly CSUS Forecast from the California Institute for County Government at California State University, Sacramento.

The forecast predicts the negative trend will continue into next year, with a small improvement in the spring.

Private sector gains, the forecast says, should lift the region into positive job growth by next August or September.

Recently released Employment Development Department figures show job growth in the region was down 0.99 percent in September, signaling the region’s first sustained period of job losses since the early 1990s. The state and nation as a whole continue to lose jobs as well, but not at the same rate. The EDD reports state job growth is down 0.33 percent, and the national job decline is 0.34 percent.

Just last September, Sacramento was dodging the big job losses plaguing the rest of the state. Job growth in the region at the time was 2 percent.

But researchers with the forecast say government employment is no longer acting as a cushion for the region, as it traditionally has. More than half of the jobs lost recently were in government, and that trend will likely continue, the forecast says.

The quarterly CSUS Forecast of the region's job outlook uses an econometric model of the six-county Capital Region with more than two dozen variables. It was developed by the California Institute for County Government with support from the CSUS Regional Development Initiative. CSUS economics professor Suzanne O'Keefe and Robert Fountain, special assistant for regional development at CSUS, served as project advisors. Shawn Blosser of Databasix provided assistance with model development and programming.

More information is available from Matthew Newman, director of the California Institute for County Government, at (916) 324-0796, or at the institute’s website at www.cicg.org. Additional media assistance is available by contacting CSUS public affairs at (916) 278-6156.

####

California State University, Sacramento • Public Affairs
6000 J Street • Sacramento, CA 95819-6026 • (916) 278-6156 • infodesk@csus.edu
Bottom bar graphic back to top


California State University, Sacramento • Public Affairs
6000 J Street • Sacramento, CA 95819-6026 • (916) 278-6156 • infodesk@csus.edu