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STUDY: Job Growth & Wages Both Dropped in the Sacramento Area Last Year

What should be done to improve the city's ranking?

The Sacramento area was the 144th highest-ranked metro region in the United States two years ago, according to an annual study by the Milken Institute, which bases its results on economy, health and local entrepreneurship. 

Last year, we fell 38 spots, all the way to 182nd. 

The Sacramento region experienced declines in job growth, wages and salaries growth and relative GDP growth in the past year, as you can see in the chart that accompanies this article. 

Play with the interactive database here to see other cities

The Milken Institute says their economists and policy experts "focus on three major imperatives: creating jobs; improving health; and ensuring that capital is available to launch entrepreneurs, new technologies and great ideas." 

Tell us below what should be done to improve the Sacramento region on this list. 

Silicon Valley shot from 51st to number one on the list this year, according to the rankings. The Milken Institute says the reason is that "tech is back." The Silicon Valley had only been at the top one other time in history -- in 2001, during the first tech bubble.  

Overall Rank: 182 MSA Population: 2,176,235 5-yr Job Growth (2006-2011)1 Score: 92.38 Rank: 188 1-yr Job Growth (2010-2011)2 Score: 97.84 Rank: 193 5-yr Wages & Salaries Growth (2005-2010)3 Score: 96.11 Rank: 147 1-yr Wages & Salaries Growth (2009-2010)4 Score: 97.18 Rank: 189 Job Growth (May 11 - May 12)5 Growth: 0.56 % Rank: 127 5-yr Relative HT GDP Growth (2006-2011)6 Score: 101.38 Rank: 60 1-yr Relative HT GDP Growth (2010-2011)7 Score: 96.48 Rank: 166 High-Tech GDP LQ - 20118 Score: 1.13  Rank: 44 # of HT GDP LQs Over 1 - 20119 Score: 8.0 Rank: 36

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Eve May 17, 2013 at 08:06 am
I, too, miss the history quiz of a mystery location. Please bring it back.
Eve May 17, 2013 at 08:07 am
I am curious as to why it is vacant and fenced off.
Racerx Gto May 15, 2013 at 10:44 pm
*gasp!!* Tacky chain link fence? There go the property values! Chain link fence aroundRead More vacant/undeveloped land is usually an indicator of some County ordinance to secure the land for public safety. I'd buy the land and for the pure entertainment factor put mock working oil pump jacks on the land. Just to see what people do. :-p
Mike Maddox May 10, 2013 at 12:57 pm
maybe we can have a fundraiser and get him back here!
Josh Staab April 20, 2013 at 01:31 pm
You guys are the best. Thanks a lot. I'm going to miss all of you! You haven't seen the last of JoshRead More Staab by a longshot!
Victor Calderon April 19, 2013 at 07:20 pm
Thanks for the kind words Josh and for doing a good job of taking over Carmichael among other PatchRead More towns. I'll always remember promoting Patch around the area and the weird looks we/you got out at the multi-chamber mixer. Best of luck in Alaska and say hi to the eskimos for me.