Local Economy and Job Security

Aggie Square construction

We prioritize local hiring, volunteering, purchasing, and investing to enhance the region’s economic health – providing opportunities for everyone from small businesses to construction contractors. Some examples:

Some examples of our efforts:

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OUR IMPACT

Spotlight: A regional economic powerhouse

According to an economic snapshot study, UC Davis Health’s direct expenditures of $1.84 billion in 2023 led to a total economic impact of $4.01 billion in the seven-county Sacramento region, or an additional $1.18 for every dollar UC Davis Health spends.

UC Davis Health had 19,144 employees in the region, and the economic activity generated indirectly and by the spending of its employees supported an additional 11,050 jobs in the region.

The report also calculates UC Davis Health’s statewide economic and employment impacts, including from spending and hiring for academic research. 

Aggie Square construction
OUR IMPACT

Spotlight: Aggie Square boosts economic impact

Aggie Square, the innovation district that opens its first phase on the university’s Sacramento campus in May, is expected to generate about $500 million in regional economic output and support 3,200 jobs annually when all phases are fully built out.

At completion, its construction is expected to be responsible for more than 12,100 construction-related jobs in the region, with an economic impact of $1.9 billion.

Aggie Square rendering
STRONG PARTNERS

Spotlight: Aggie Square community benefits

The Aggie Square project will co-locate business partners and community-based programs with UC Davis innovation and research. UC Davis, developer Wexford Science and Technology, and the city of Sacramento have agreed on a Community Benefits Partnership Agreement for the project based on input from local residents.

The agreement directs $50 million toward affordable housing in the neighborhood, thousands of jobs in construction and in the completed project, improvements to the Broadway and Stockton Boulevard corridors, and annual funding for community projects. 

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STRONG PARTNERS

Spotlight: Anchor Institution commitment

In 2020, UC Davis Health formally launched its Anchor Institution Mission (AIM) for Community Health. In partnership with the local community, UC Davis Health seeks to hire locally, volunteer locally, purchase locally, and invest locally.

For example, in the area of local workforce cultivation, over the past five years we’ve expanded outreach to underserved communities, collaborated with organizations to provide tailored guidance to job applicants, and launched programs that create new opportunities for employment and upskilling. In fiscal year 2024 we achieved a 20% local hiring rate, an increase from 14% when AIM started.

In the area of support for local, diverse businesses, we reported nearly $62 million in spending with small and diverse-owned suppliers in fiscal year 2023, an increase of 23% from the previous year. Also, local neighborhood spending accounted for more than $17 million. These outcomes represent significant progress toward supporting local business growth, especially in underserved areas. 

More Believe in Better Highlights

Some recent examples of our ongoing efforts to advance health for all.

Supplier Expo prioritizes local investments, hiring

Representatives from over 230 local businesses attended the UC Davis Supplier Expo this week to share information about their companies with more than two dozen UC Davis and UC Davis Health departments.

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UC Davis celebrates future health care leaders

The UC Davis School of Medicine conferred 119 Doctor of Medicine degrees during commencement at the Robert and Margrit Mondavi Center for Performing Arts.

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DNP-FNP Academic Symposium marks milestone for UC Davis nursing school

Students mark the culmination of three years and key milestone in their journey to become advanced practice providers.

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New internship helps neurodivergent individuals work toward jobs in medical coding

Intern Sean Mini is thriving in a new paid medical coding internship specifically designed for neurodivergent individuals.

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