According to statistics released today by the Conference Board, Sacramento and the state of California saw an increase in online employment advertising, comparing year-over-year statistics.
The board said there were 27,200 ads posted in Sacramento in September, up from 26,500 in August and up strongly from 23,100 in September last year.
Statewide, there were 529,400 ads in September, up nearly 3 percent from 514,800 in August and a substantial improvement from 456,300 in September 2011.
Sacramento remains second nationwide in the number of unemployed per advertised job vacancy, with a 4.09-to-1 ratio. That trailed only Riverside’s 7.59-to-1. The national rate is 2.68-to-1.
The economic outlook for California has perked up and the state should escape double-digit jobless levels more quickly than previously thought, researchers said Wednesday.
“Things look slightly better,” said Jerry Nickelsburg, a senior economist with the UCLA Anderson Forecast, which released its quarterly outlook.
California is expected to suffer a 10.8 percent average jobless rate this year, but that should improve to an average of 9.8 percent next year.
That outlook is brighter than the group’s previous view. In December, the Anderson Forecast predicted a 10.5 percent unemployment rate for 2013.
“We are seeing improvement in the labor markets,” Nickelsburg said.
What’s more, job growth should steadily improve in the coming years, the researchers predicted.
The number of payroll jobs in California increased 1.2 percent last year, according to the Employment Development Department.Read More