Posted by: thepinetree on 07/21/2010 04:15 PM
Updated by: thepinetree on 07/21/2010 07:41 PM
Expires: 01/01/2015 12:00 AM
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The 2010 Central Sierra Economic Profile...Up Hospitality, Natural Resources, Information Services, Education & Health Services
Central Sierra, CA...The 2010 Central Sierra Economic Profile has been released. Alpine, Amador, Calaveras, Inyo, Mariposa, Mono and Tuolumne comprise this area. Total Nonfarm jobs grew by 24% from 1995-2008, but declined in 2009, resulting in net growth of 15.2% from 1995-2009. Nonfarm jobs declined by 4.4% from March 2008 to March 2009 and again by 0.2% from March 2009 to March 2010. The region’s population grew 4.5% while total employment (including Farm jobs) grew 5% and the average annual wage grew by 30% (2001-2008), although the population declined 0.5% from 2006-2008 and employment declined 1.5% from 2007-2008.
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98.1% of all businesses have fewer than 50 employees, and those businesses provide 67.6% of the region’s jobs. 11.7% of the population reported as self-employed.
The sector with the largest job growth was Government (Federal, State & Local) these jobs increased 17.6% from 2001 to 2008 to compromise 34.7% and largest block of our local jobs by a wide margin. Accommodations and Food Service came in a distant second at barely half the number of jobs.
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