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2 weeks ago | 
bizjournals.com | Joanne Drilling |Mengyuan Dong
A new wave of employees is joining the workforce. But many entry-level jobs don't pay a living wage.
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2 months ago | 
bizjournals.com | Lindsay Oxford |Mengyuan Dong
Power 100 is a yearly review of the most powerful people in the Sacramento region's business community. This section covers top leaders in the nonprofit sector. Power 100 is a yearly review of the most powerful people in the Sacramento region's business community. This section covers top leaders in the nonprofit sector. Dwayne CrenshawPresident and CEO, Greater Sacramento Urban LeagueDwayne Crenshaw, president and CEO, Greater Sacramento Urban League.
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Feb 23, 2025 | 
bizjournals.com | Mengyuan Dong |Joanne Drilling
Despite an affordability crisis, elevated interest rates and investor activity in the housing market, the homeownership rate in Sacramento increased in 2024. A new analysis of U.S. Census Bureau data by PropertyShark found that the national homeownership rate held steady at 65.4%. The rate represents the share of housing units occupied by their owners.
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Jan 16, 2025 | 
bizjournals.com | Mengyuan Dong
Officials from across the Sacramento region gathered Wednesday to discuss enforcement efforts for the recently enacted Proposition 36 retail theft law. The news conference took place at the Raley's store at Fair Oaks Boulevard and Howe Avenue in Sacramento, with leaders including Sacramento County District Attorney Thien Ho, Sacramento Mayor Kevin McCarty and Sacramento County Sheriff Jim Cooper.
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Nov 29, 2024 | 
bizjournals.com | Joanne Drilling |Mengyuan Dong
Restaurants are staring down a new reality in the post-pandemic world. After pivoting during the height of Covid-19, restaurateurs have been forced to navigate a labor shortage, soaring inflation and shifting consumer habits. The end result? Lower margins and, for many businesses, a battle to survive. In some segments of the restaurant space, there's another dynamic at work: an increasingly crowded marketplace.
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Nov 20, 2024 | 
bizjournals.com | Mengyuan Dong |Joanne Drilling
Office vacancy rates are at their highest point in 45 years. Commercial real estate insiders predict one-quarter of existing American office space could be vacant by early 2026. And currently, 11 major metros in the country have at least $1 billion worth of empty space. In the Sacramento region, approximately 10 million square feet of office space was vacant as of mid-2024, representing an estimated value of nearly $265 million.
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Nov 12, 2024 | 
bizjournals.com | Mengyuan Dong
Evaluating local schools can be complex, as rating systems consider a variety of factors. As platforms like Niche release annual school rankings, the Sacramento Business Journal is delving deeper into the region's private high schools. To provide a broader view, we looked at data on major aspects such as enrollment, diversity and college admissions.
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Nov 6, 2024 | 
bizjournals.com | Mengyuan Dong
A statewide measure to combat retail theft and drug crimes gained sizable support as vote counting reached the halfway mark, according to unofficial results from Tuesday’s election. As of Tuesday night, California’s Proposition 36, which seeks to increase penalties for certain drug and property crimes, was supported by roughly 70.5% of voters. The measure requires a simple majority to pass.
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Oct 14, 2024 | 
bizjournals.com | Mengyuan Dong
As part of a package examining workforce development in the Sacramento region, the Sacramento Business Journal compiled a directory of programs and resources available to local job seekers and employers. These include job centers run by cities or school districts, corporate or college-initiated programs and nonprofit organizations focused on serving specific industries or communities. For example, Asian Resources Inc.
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Oct 8, 2024 | 
bizjournals.com | Mengyuan Dong
Pride Industries is set to host its second annual I AM ABLE Disability Job Fair on Wednesday at the SAFE Credit Union Convention Center in Sacramento. The event, which runs from 11 a.m. to 3 p.m., coincides with National Disability Employment Awareness Month and is designed to connect job seekers with disabilities to employers from various industries. More than 35 employers are expected to attend, including Raley's, Kaiser Permanente, the city of Roseville and BMO.
