California

Report: Sacramento Unemployment Will Rise Until 2011

Location

Sacramento, CA
United States

Sacramento California unemployment

A report released by the University of the Pacific today projects a gloomy medium-term economic future for the Sacramento area. According to the report, the unemployment rate in the area will continue to rise for at least another year. Reasons cited include the slump in construction and a general inertial slowdown in the economy, including a decline in personal income this year.

"Although the recession is technically ending, we expect a slow and sluggish recovery that will not feel like a recovery, at least in California, for at least a year," said a spokesperson at the University of the Pacific's Business Forecasting Center. (This fledgling reporter apologizes for not getting the person's name.)

Out of Water and Work in California's Central Valley

If you think it's bad where you are, read this story

When I read this unemployment story, it was as if Scooby Doo had burrowed into my brain, chanting a mantra of "ruh-roh!"

Desperation is rippling through agricultural communities such as Mendota, 35 miles west of Fresno, where an estimated 39% of the labor force is jobless.

Syndicate content