Job growth in region

The housing market may be experiencing a short-term correction but here is another reason for its continued long-term growth…… Jobs.

Inland California experienced a 46 percent growth in jobs between 1990 and 2005 while job growth along the coast only increased 9.6 percent. According to a report released by the California Budget Project, job growth in Interior California grew 1. 1 million and generated 54 percent of the state’s new job growth. Placer and El Dorado County have been two of the hottest inland counties for job growth. Placer jobs have increase by 127 percent while jobs in El Dorado County increase 71 percent.

Nevada County jobs have increased 43 percent since 1990 to 30,000 workers. Amador County has 12,110 employed for a 48 percent increase, El Dorado County has 51,500 workers, Placer, 138,000, Sacramento, 600,000, Sutter 22,600, Yolo 96,000 and Yuba 17,100.

The capital region gained 18,000 new jobs during 2006 and the unemployment rate continues to be less than the state’s average.