{"id":2240,"date":"2021-10-06T22:19:29","date_gmt":"2021-10-07T05:19:29","guid":{"rendered":"http:\/\/www.newsmolo.com\/EDC\/2019\/2021\/10\/07\/economic-rebound-masks-regions-continued-struggle-to-attract-jobs-report-finds\/"},"modified":"2021-10-07T22:21:19","modified_gmt":"2021-10-08T05:21:19","slug":"economic-rebound-masks-regions-continued-struggle-to-attract-jobs-report-finds","status":"publish","type":"post","link":"http:\/\/www.newsmolo.com\/EDC\/2019\/2021\/10\/06\/economic-rebound-masks-regions-continued-struggle-to-attract-jobs-report-finds\/","title":{"rendered":"Economic rebound masks region&#8217;s continued struggle to attract jobs, report finds"},"content":{"rendered":"<pre>By Emily Hamann \u00a0\u2013\u00a0 Staff Writer, Sacramento Business Journal<\/pre>\n<p>The Sacramento region\u2019s economy rebounded sharply in the first half of 2021, according to a new economic forecast. However, as the Covid-19-era factors that helped keep the economy afloat fade away, some of Sacramento\u2019s longer-term problems may have gotten worse.<\/p>\n<p>\u201cI think for us, the one thing that stood out is that we\u2019ve been a huge winner this past year,\u201d said Sanjay Varshney, chief economist of the Sacramento Business Review. Last week, the Business Review released its annual midyear forecast.<\/p>\n<p>In the first half of 2021, a flock of buyers from the Bay Area led to an explosion in home sales. And in commercial real estate, stimulus, relief programs and Federal Reserve support helped avoid huge spikes in vacancy, according to the report.<\/p>\n<p>But, as the economy recovers, those factors could go away.<\/p>\n<p>\u201cAs the free money dries up, and the party comes to an end, Sacramento may face a hangover and will need to work harder to thrive beyond an economy based only on housing, government, and service sector jobs,\u201d Varshney wrote&#8230;<\/p>\n<p>READ MORE: <a href=\"https:\/\/www.bizjournals.com\/sacramento\/news\/2021\/10\/06\/business-review-midyear-2021.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bizjournals.com\/sacramento\/news\/2021\/10\/06\/business-review-midyear-2021.html<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Varshney is also a finance professor at California State University Sacramento, and founder and principal at Goldenstone Wealth Management in El Dorado Hills. [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":2239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"featured_image_urls":{"full":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"thumbnail":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241-150x150.jpg",150,150,true],"medium":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"medium_large":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"large":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"1536x1536":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"2048x2048":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"darknews-slider-full":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"darknews-featured":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"darknews-medium":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241.jpg",464,496,false],"darknews-medium-square":["http:\/\/www.newsmolo.com\/EDC\/2019\/wp-content\/uploads\/2021\/10\/InEDC-1241-350x350.jpg",350,350,true]},"author_info":{"display_name":"News MoLo","author_link":"http:\/\/www.newsmolo.com\/EDC\/2019\/author\/admin\/"},"category_info":"<a href=\"http:\/\/www.newsmolo.com\/EDC\/2019\/News\/news\/\" rel=\"category tag\">News<\/a>","tag_info":"News","comment_count":"0","_links":{"self":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2240"}],"collection":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/comments?post=2240"}],"version-history":[{"count":3,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2240\/revisions"}],"predecessor-version":[{"id":2243,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/posts\/2240\/revisions\/2243"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/media\/2239"}],"wp:attachment":[{"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/media?parent=2240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/categories?post=2240"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.newsmolo.com\/EDC\/2019\/wp-json\/wp\/v2\/tags?post=2240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}