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Placer County Employment Outlook: Where Are We Going?





Placer County's unemployment rate has dipped to 8.9%. While continuing to show signs of improvement, Placer County still lags behind the national rate which is hovering around 7.6%. Two years ago in January 2010, Placer County reached its unemployment peak of the recession at 12.9%.

During the housing and economic boom of the previous decade, Placer County was adding jobs at one of the highest rates across the United States which kept unemployment at a remarkably low 4% in 2005. (See our 2005 article for more information).


Regional Unemployment Rates

  • 15.1%  Yuba County
  • 10.7%  Yolo County
  • 10%    Sacramento County
  • 9.3%   El Dorado County
  • 8.9%   Placer County

Future Outlook

So, where does Placer County go from here? Anecdotal evidence shows many businesses are continuing to grapple with the effects of the recession. Lackluster holiday sales, economic uncertainty and figuring out the cost of Obamacare is making business evaluate hiring strategies going forward. Many business owners are going through a challenging and sometimes painful adjustment period.

The silver lining is that Placer County in addition to being a great place to live, has a highly educated workforce, strong retail presence in the region and some very well run cities that are active in strengthening the region's assets.  The tables below show California's Employment Development Department Projections for Placer County which is part of the Sacramento-Arden Arcade-Roseville Metropolitan Area.

Projections: Where the Jobs Are

Fastest Growing Jobs (Projected)

 Job  % Growth 2008-2018  Median Annual Wages
Medical Scientists, Except Epidemiologists 46.7 $87,787
Personal and Home Care Aides 46.2 $23,777
Network Systems and Data Communications Analysts 44 $72,505
Home Health Aides 39.7 $21,471
Dental Hygienists 37.6 $94,088
Dental Assistants 37.2 $38,335
Self-Enrichment Education Teachers 36.8 $40,773
Medical Assistants 35.9 $29,365
Fitness Trainers and Aerobics Instructors 33.6 $42,194
Surgical Technologists 32.7 $48,319
Physical Therapists 32.7 $86,545

Download Full Report


Most Job Openings (Projected)

 Job  Total Job Openings  Annual Wages
 Personal and Home Care Aides  11,980  $23,777
 Cashiers  10,940  $20,009
 Retail Salespersons  10,630  $20,584
 Waiters and Waitresses  8,360  $18,970
 Registered Nurses  6,540   $92,678
 Customer Service Representatives  6,290  $35,549
 Combined Food Preparation and Serving Workers, Including Fast Food  5,870  $18,946
 Office Clerks, General  5,790  $33,137
 First-Line Supervisors/Managers of Office and Administrative Support Workers  4,650  $59,665
 Stock Clerks and Order Fillers  4,370  $23,993
 Elementary School Teachers, Except Special Education  4,260  $55,816
Download Full Report

Sources :U.S. Bureau of Labor Statistics & California EDD

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LOCAL JOBS IN PLACER COUNTY AND BEYOND

 





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