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Market Beat

Sacramento : Offfice Snapshot - Q1 2014

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Positive job growth in the Sacramento market resulted in the unemployment rate ticking down 120 basis points (bps) over the previous 12 months to 8.2% as of February, slightly below the state average of 8.5%. Sacramento added 11,900 new jobs during the period, equating to a 1.4% growth rate. Employment gains were strongest in the healthcare and social assistance sector, which gained 4,800 new jobs, and 3,200 jobs were added to the state government over the past year.

Source : Cushman & Wakefield